Stock Market News

Chevron, union meet as California refinery strike enters third week -official

2022.04.12 03:51

Chevron, union meet as California refinery strike enters third week -official
FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company Chevron (CVX) is seen in Los Angeles, California, United States, April 12, 2016. REUTERS/Lucy Nicholson

By Erwin Seba

HOUSTON (Reuters) – Chevron Corp (NYSE:CVX) and the United Steelworkers union (USW) met on Monday to seek an end to a three-week-old strike by 500 workers at the company’s Richmond, California, refinery, a union official said.

B.K. White, first vice president of USW Local 12-5, said the union had received a proposal from the company and was preparing a reply.

Chevron spokesperson Tyler Kruzich did not reply to a request for comment.

Monday’s meeting is the first face-to-face discussion between the two sides in two weeks.

Chevron has continued operating the 245,271-barrel-per-day (bpd) with managers and supervisors but has begun advertising for temporary replacement workers in ads placed online.

The ads list pay of $70 an hour for the temporary replacement workers who will be hired for up to five months, according to the advertisements.

“Our personnel working onsite are being compensated appropriately for their time and expertise,” Kruzich said prior to the meeting between the two sides.

The national average pay for a union refinery worker after four years is about $45 an hour, the USW has said.

“They are throwing money at the scabs trying to break our union,” White said.

Retirees, former employees and recent graduate of process operations programs are among those usually recruited to be temporary replacement workers.

The strike began after the Local 12-5 twice rejected contract offers from Chevron.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,240.79 2.49%
ethereum
Ethereum (ETH) $ 3,372.00 3.53%
tether
Tether (USDT) $ 1.00 0.07%
xrp
XRP (XRP) $ 2.19 4.73%
bnb
BNB (BNB) $ 695.27 2.25%
solana
Solana (SOL) $ 190.02 4.12%
dogecoin
Dogecoin (DOGE) $ 0.318043 4.52%
usd-coin
USDC (USDC) $ 1.00 0.14%
staked-ether
Lido Staked Ether (STETH) $ 3,365.92 3.38%
cardano
Cardano (ADA) $ 0.875138 4.59%
tron
TRON (TRX) $ 0.252829 1.70%
avalanche-2
Avalanche (AVAX) $ 38.00 6.83%
the-open-network
Toncoin (TON) $ 5.81 3.65%
chainlink
Chainlink (LINK) $ 23.07 6.81%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,996.25 3.45%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 5.65%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,180.77 2.19%
sui
Sui (SUI) $ 4.28 4.81%
hedera-hashgraph
Hedera (HBAR) $ 0.293314 6.06%
stellar
Stellar (XLM) $ 0.36168 6.28%
polkadot
Polkadot (DOT) $ 7.05 6.00%
bitget-token
Bitget Token (BGB) $ 7.24 23.52%
weth
WETH (WETH) $ 3,372.29 3.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.75 5.18%
hyperliquid
Hyperliquid (HYPE) $ 25.88 7.63%
leo-token
LEO Token (LEO) $ 9.22 3.54%
uniswap
Uniswap (UNI) $ 13.07 6.97%
litecoin
Litecoin (LTC) $ 103.93 4.96%
pepe
Pepe (PEPE) $ 0.000018 6.87%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,557.16 3.19%
near
NEAR Protocol (NEAR) $ 5.11 7.49%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.17%
usds
USDS (USDS) $ 1.00 0.35%
aave
Aave (AAVE) $ 341.15 8.75%
internet-computer
Internet Computer (ICP) $ 10.55 7.48%
aptos
Aptos (APT) $ 9.01 7.12%
crypto-com-chain
Cronos (CRO) $ 0.152124 4.80%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.486673 6.48%
mantle
Mantle (MNT) $ 1.19 5.02%
ethereum-classic
Ethereum Classic (ETC) $ 26.18 5.20%
vechain
VeChain (VET) $ 0.048039 8.19%
render-token
Render (RENDER) $ 7.24 4.79%
monero
Monero (XMR) $ 192.65 2.05%
whitebit
WhiteBIT Coin (WBT) $ 24.67 1.02%
bittensor
Bittensor (TAO) $ 478.24 6.98%
dai
Dai (DAI) $ 1.00 0.12%
mantra-dao
MANTRA (OM) $ 3.67 3.39%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.28 5.83%
arbitrum
Arbitrum (ARB) $ 0.75991 5.79%
filecoin
Filecoin (FIL) $ 5.05 6.14%