Archive for category oil industry

A Provocative Scandal in the Lucrative Olive Oil Industry

Jewelers who give proper care about your particular needs, instead of their own personal income, are difficult to come by. Particularly in this economy. These folks inquire about relevant questions, remember the small details, and are candid and forthright to inform you about what you do need to hear, whether or not it dangers killing the sale.

I’ve been in touch with a bulk olive oil wholesale company since 2005, and they are a “pearl that I’m glad I’ve found” in the Olive industry. I’ve enjoyed candid conversations with their director of Consumer Services, who tells me about the many painstaking actions these folks go through in a concerted effort to uphold high quality assurance standards. In reality, their staff even embark on visits to Greece, Italy and Spain to visit with Olive growers. What’s amazing, is that not one of these actions is to make themselves to look like heroes to wholesale buyers. It isn’t even publicized or placed on their company’s website.

Recently, the New Yorker Magazine published a “whistle-blowing” write-up about the Bulk Olive Oil industry. This article provided instances of Olive Oil importers who claimed that the olives came from Italy, when truly they had been illegally imported into Italy from Turkey or Morocco, and then exported from there. Not only that, but the Extra Virgin Olive Oil was, contrary to olive oil standards, blended with hazelnut oil, or some other similar substitute, and after that labeled as being “Genuinely Pure” Extra Virgin Olive Oils from Italy. Naturally this sent alarm bells all through the industry, effecting wholesale oil suppliers and buyers alike. If you ask me, it has aided the ideal of breed, so to say, to rise to the top of the hierarchy of sought after companies to buy from.

Importers, like the one I’ve been dealing with since as far back as 2005, who are upright even though no person is looking, are now being praised for their high quality initiatives to sustain high standards. Does this remind you of the America of 40 years ago when a handshake was all that was expected to enter into a several million dollar deal? Nowadays you practically need a handshake, as well as a handful of legal agreements and sometimes over priced legal professionals to ensure that you’ve covered your bases.

One of the primary reasons that the Importer I was talking about delivers on everything they commit to, is to maintain a clean conscience. It reminds me of an old school sales manual from about 60 years ago, where the author describes that you must make sure you will always be totally truthful and forthright in all communication, because if you exaggerate something in order to make a sale, you’ll “know what you did, even if the customer doesn’t.” Those words have stuck with me since reading that.

If you happen to be a wholesale buyer of any particular commodity, I recommend that you don’t rest until your supplier shows you legit documentation from national or international verifying organizations and chemistry labs. After all, do you think you would buy an elegant diamond simply on the basis of its looks, or would you insist on seeing GIA or AIG certification? The same standards should be applied in the Olive Oil industry.

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Oil Industry Jobs

Most oil drilling jobs can be amazingly rewarding and also exciting and interesting. What energy development industry jobs are not is boring or uneventful. Any time that you’re working with petroleum there are dangers and that is a simple fact of life that no one can deny. Rig work is fraught with danger.

Consider what you’re working with. Electrical and static and drilling items, in combination and close quarters with flammable materials. One spark can on many occasions cause an incident that will be interesting to end.

But there is a lot going for crude oil industry jobs, despite the fact that they are dirty and in every respect fraught with danger. And those who work with a offshore oil rig most anywhere are almost certain to say the same thing.

Welders and electricians on the offshore drilling platforms will soon discover that the skills they pick up and improve on will teach them more in a short period of time than they ever could have learned on land based jobs. Other workers on offshore drilling platforms will also notice they are learning new skills quicker than ever, and finding that they can use those skills on a offshore or land-based oil drilling rig virtually anywhere.

But take heed – while these oil and industry jobs do indeed pay well, they are meant for folks who are brave as well as bold. You need to have good instincts and be quick to react when things go wrong – as they frequently will on the offshore drilling oil platforms.

Oil well fires or explosions can be devastating. Falling equipment can happen and heavy construction machinery is all around you. It’s a pay attention kind of a job where those who are content to sit in front of the television at home aren’t going to be prepared for the rapid movement and the fast action that it takes to prevent an accident or get out of the way.

When you are working on the offshore rigs, you will sometimes be working at great heights, or at least high up adequate to hurt you badly if you fall. Jobs on the ground are often just as dangerous, working with fast rotating drills and drilling equipment. It is important that you know how to do you job both safely and well. Despite whatever training you might have received in a classroom, the only thing that can prepare you for the reality of work on the oil rig platforms is actually doing it.

The reality of the situation is that yes, you can be hurt and yes, accidents do happen. By working here and learning on the job, you’re going to gain some valuable insight into how to prevent those accidents and to find ways to prevent the damage that can happen. There is another reality as well. There is no where else on earth where you will be paid so well for doing jobs that are essentially unskilled in nature and no other job on earth offers the kind of excitement and reward that oil and gas production offers you.

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Crude Oil Industry

Importance of crude came into dominance only in the 20th century wherein a wide number of jobs in a more civilized world became dependent on oil. History of crude has followed places where it has been discovered and resulted in changing the economic paradigm of these regions forever.

It was first in the mid 19th century when in the region of Pennsylvania crude was discovered for the first time. It was during this time the marketing pundits of that era began speculating on how big this discovery could mean to mankind. On the other hand there was also a school of thought which not gave much importance to it. As a result of these two opposite point of views the prices of crude began to swing up and down. Many of you would be surprised to know that way back in January 1861 soon after crude had been discovered it was being sold at $ 10 a barrel. Within no time crude had the honour of becoming the most precious commodity of that time. Beyond belief for many in less than 12 months time crude was selling at 10 cents per barrel. It would be fair to comment here that Crude was born with volatility as its second name and always had powers to make or break fortunes for business community.

Crude would have only gained importance as it has today if we would have solved the code to transport it. In the earlier days barrels made of oak wood were used to transport this fuel. As at times crude prices would become so low that cost of oak barrels would be often more than that of oil inside them. By 1866 pipelines made from wood carved out and used to transport oil to the rail tanks. The rail tanks would transport oil to nearest refinery which came up in Cleveland, Ohio.

Further discoveries of oil were scattered in the region and had requirement to be transported from the oil fields to the refinery. Soon few business men got associated with the logistics part of it. Further to their liking they realized key to success in the oil business was logistics as it directly had major impact of the costs. A network of pipelines and rail wagons were developed in their region making it relatively easier to transport oil from the oil fields to the refinery. Cleveland developed as a major oil refining hub in the region.

People who had most of the influence over oil were now the businessmen involved in logistics. Once such establishment, ‘Standard Oil Company’ rose from being a logistical service provider to controlling almost 80% of American Oil business. Three incidents in early part of 20th century also led to major historical changes in crude industry, they were:

1. Texas Oil (Texaco) came into picture in 1901 and eventually became a big player along with ‘Gulf’.
2. Anti-trust legislation was used by United States government to break up Standard Oil Company in 1911.
3. World war in 1914 highlighted the importance of crude as it become vital for winning wars.

Hope above has provided you with a brief on historical perspective of crude oil.

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