Grab your boots Houston! BP is relocating to Denver while claiming that city will become the new globa energy center (Dallas: sale, leasing)

[BCLRRE]

Originally Posted by Jack Lance

Right, and what station was it you were watching when you heard somebody from BP say that Denver was going to be the "New Energy Capital" ?


I cannot believe that you are being allowed to run wild like this on this forum, who else thinks it's time to close this thread ?

Agreed, but many of the mods are secretly Houston haters too, and let it run wild. That's why they're at liberty to continue posting this nonsense.

[Cowboys fan in Houston]

Ok, let's chill a bit. The "Onshore Division for the Lower 48" is moving to Denver. It's a few hundred jobs and it does suck to lose those.

However, two things must be considered:

1) The HQ of the Americas for BP will still be in Houston.
2) This is a good move for this division. The bulk of oil mined in the lower 48 comes from North Dakota, West Texas, and the area just east of the Rockies. Denver is perfectly situated for that geography.

[BCLRRE]

Originally Posted by Cowboys fan in Houston

Ok, let's chill a bit. The "Onshore Division for the Lower 48" is moving to Denver. It's a few hundred jobs and it does suck to lose those.

However, two things must be considered:

1) The HQ of the Americas for BP will still be in Houston.
2) This is a good move for this division. The bulk of oil mined in the lower 48 comes from North Dakota, West Texas, and the area just east of the Rockies. Denver is perfectly situated for that geography.

And the oil will be shipped from the Port of Houston

[madrone2k]

Fun Facts about the Port of Houston:

Ranked #1 in US in foreign tonnage. Ranked #2 in US in total tonnage.

Principal imports: petroleum and petroleum products; iron and steel; crude fertilizers and minerals; organic chemicals; wood and articles of wood. Principal exports: Petroleum and petroleum products; organic chemicals; cereals and cereal products; plastics; animal or vegetable fats and oils.

From portofhouston.com: As one of the world’s busiest ports, Port Houston is a large and vibrant component of the regional economy. A 2014 study by Martin Associates reports that Houston Ship Channel-related businesses contribute 1,174,567 jobs throughout Texas, up from more than 1 million jobs cited in a 2012 study. This activity helped generate more than $264.9 billion in statewide economic impact, up from nearly $182.6 billion. Additionally, more than $5 billion in state and local tax revenues are generated by business activities related to the port, up from $4.5 billion.

[Sunderpig2]

This thread is still a ploy to irritate and annoy Houstonians, and put us on the defensive. The less we take the bait and respond, the better. Nine pages later, we continue to be laughed at.

[BCLRRE]

Originally Posted by Sunderpig2

This thread is still a ploy to irritate and annoy Houstonians, and put us on the defensive. The less we take the bait and respond, the better.

Exactly. That's why it was started, and why it's being allowed to run wild (fester). In case you haven't noticed, many of the mods allow this site to be very anti-Houston. That comes with being the leader, Houston is very envied. Many, including inside our state, stand to gain from Houston's demise. They literally lust after and wish for Houston's demise. Don't ever forget that. Not that Houston cares, at all, about the haters.

[Mr. Clutch]

Originally Posted by BCLRRE

Exactly. That's why it was started, and why it's being allowed to run wild (fester). In case you haven't noticed, many of the mods allow this site to be very anti-Houston. That comes with being the leader, Houston is very envied. Many, including inside our state, stand to gain from Houston's demise. They literally lust after and wish for Houston's demise. Don't ever forget that. Not that Houston cares, at all, about the haters.

The very fact that Yellow Pool of Piddle or Dallas Retail Updater or whatever was allowed to come back after has previous attack on the mods is evidence of that alone. Other posters have received permanent bans for the same thing.

And C/D tracks by IP address too, so they know its the same poster. Shameful.

[Dallas retail updater]

Originally Posted by Johnhw2

Op is confused and confusing himself. ExxonMobil didn't move XTO to FW. It's was already there. They left it there to avoid the mindset they had to sell out of US land based production and miss this whole shift in domestic production due to advanced fracking. It had nothing to do with houston or FW specifically. OP trolling is trying to make a story where none exists, this is what you are doing with my facts.

You are too loose with the trolling accusation. I can remember back when our nation was still exporting oil that the resources were based further spread out across the nation. As we transitioned to that of a major importer of energy, resources began to relocate to Houston. Now that that designation is once again reversed, why wouldn't that situation reverse as I am supposing.

I think it is a good guess. Whatever the case, yesterday's market is gone forever. Things are never going to be the same again in Houston.

[Dallas retail updater]

Originally Posted by BCLRRE

Lol, keep trying. But it has maintained quite nicely this time, and has relatively skated through this down cycle because it's twice the size it was in the 80's and eons more diversified. The 80's was a very bad crash, this was just a bad fender-bender...but traffic is headed back to normal. And if Houston were ever the titanic, we would go down dressed-to-the-nines in our fabulously gawdy costumes we got at the Neiman Marcus going-out-of-business sale. What will happen first: the Dallas bankruptcy, or their Neiman Marcus going belly-up? All Aboard...Last Call!

This isn't another glitch in the energy market like 2008. That was tantamount to slowing down, stopping at the station, and then steaming off full speed ahead. This is a major retooling this time around. The locomotive is being dragged off the tracks into a garage. It's motor is being yanked out. It is having to be rebuilt.

You guys think they can just throw some used parts on there and everything will be sunny again full speed ahead.

[WRM20]

Originally Posted by Dallas retail updater

You are too loose with the trolling accusation. I can remember back when our nation was still exporting oil that the resources were based further spread out across the nation. As we transitioned to that of a major importer of energy, resources began to relocate to Houston. Now that that designation is once again reversed, why wouldn't that situation reverse as I am supposing.

I think it is a good guess. Whatever the case, yesterday's market is gone forever. Things are never going to be the same again in Houston.

Right. Crude oil exports were banned for the last 40 years, and the US has been a net importer since the 50's, so I doubt you remember the days of exports.

The consolidation of oil and gas offices to Houston started moving quickly in the 80's. Before that, every company had a large number of offices all over the oil producing areas, as that was the only way to get the work done when there was no networking and communication was by mail or telephone.