Saturday, October 4, 2014

Relentless

Exxon-Mobil CEO pushes for scrapping ban on U.S. crude oil exports | The State Column





They are relentless.  The hunger for ever greater profits and stock values presses ever onward with no heed of the warnings of climate change.  Saying that allowing US companies to export crude would boost production are probably correct but that is not a thing we should encourage.  Our governmental actions should be focused on energy conservation and a transtition to clean energy.  Already the US is the world's largest exporter of refined goods.  Why would we need to export crude except to enrich the multi-national oil corporations profits.  At least this way they are forced to keep headquarters, and hence profits, here in the US rather than shifting them to some foreign place where they escape taxation.

Alberta Oil Sands


If you want to see fuel prices explode to the heights the rest of the world pays then this is the way to go.

Read the linked article and be forewarned.  Knowledge is power.


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