Myth: Some remote special group of people run oil companies
Here, also, people frequently believe that persons who are not part of the general public run the oil companies, just as they may believe that some distant remote group owns the oil companies.
Reality:
People who run oil companies just as those who own the companies are again not "they" but us. Geologists, engineers, accountants, and business administration majors make the oil companies function. They are our sons, our daughters, our neighbors. I taught petroleum geology at a state university. From my experience, which is typical, I cite two examples of who runs oil companies. One student had worked as a meat-cutter in a butcher shop in his small Central Oregon hometown during his high school days to help out his family. He worked his way through college by various jobs and went on to graduate school and received a well-earned Ph.D. He worked his way up through the oil industry and is now vice president of a major U.S. oil company. He is based in London in charge of the company's North Sea operations. Another student worked as a clerk in his father's shoe store during both his high school and university days. After earning a graduate degree he held various positions in an oil company, and now represents one of the world's largest companies in examining oil prospects from Russia, to Norway, to Africa. Each of these men was the boy next door. The people who run the oil companies are us.
Copyright 1997, Walter L. Youngquist -- Posted with permissionfrom GeoDestinies, by Walter Youngquist PhD & Chair Emeritus,Department of Geology, University of Oregon;National Book Company, 1997; ISBN 0894202995
Reality:
People who run oil companies just as those who own the companies are again not "they" but us. Geologists, engineers, accountants, and business administration majors make the oil companies function. They are our sons, our daughters, our neighbors. I taught petroleum geology at a state university. From my experience, which is typical, I cite two examples of who runs oil companies. One student had worked as a meat-cutter in a butcher shop in his small Central Oregon hometown during his high school days to help out his family. He worked his way through college by various jobs and went on to graduate school and received a well-earned Ph.D. He worked his way up through the oil industry and is now vice president of a major U.S. oil company. He is based in London in charge of the company's North Sea operations. Another student worked as a clerk in his father's shoe store during both his high school and university days. After earning a graduate degree he held various positions in an oil company, and now represents one of the world's largest companies in examining oil prospects from Russia, to Norway, to Africa. Each of these men was the boy next door. The people who run the oil companies are us.
Copyright 1997, Walter L. Youngquist -- Posted with permissionfrom GeoDestinies, by Walter Youngquist PhD & Chair Emeritus,Department of Geology, University of Oregon;National Book Company, 1997; ISBN 0894202995
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