Unocal hands on the Steelhead celebrate, soon it will receive its annual cost of living pay raise. We, the roughnecks, have figured out that in fact the pay raise is actually a pay cut. CEO profits have gone through the ceiling. Nothing for us but hard work and inflation. So we organize and join 341.
Sleep comes much easier now.
We have professional people dealing with getting us back to the level we were in 1980 with wages vs. inflation. Peak employees, please look through the smoke, lies and videotapes. CEOs claim they can't pay more money, it's just not there. Look to their bank accounts. The oil companies are willing to sign, but the CEOs hate to see the working guy cut into the millions in profits they reap.