We've subsidized oil companies for a century. That's long enough. It's time to end the taxpayer giveaways to an industry that rarely has been more profitable, and double-down on a clean energy industry that never has been more promising. Pass clean energy tax credits. Create these jobs.
If oil companies were to invest their high profits into alternative fuel research it will help America move toward new forms of energy.
Tax the rich. End the wars. Break the power of lobbies in Washington. These are the demands of Occupy Wall Street. They are very important. The US corporations dominate Washington. The big oil companies, Wall Street banks and the military-industrial complex - they rule this country and their influence and power has to be broken.
So when you go up against the Far Right you go up against the big financial special interests like the Halliburtons of the world, the big oil companies, the big energy companies who work so hard to rip us off.
This morning, prompted by increasing concerns about terrorism, oil prices reached a record high as the cost of a barrel of crude is a whopping $44.34. Wow, it seems shocking that a product of finite supply gets more expensive the more we use it. Now the terror alert means higher oil prices, which oddly enough means higher profits for oil companies giving them more money to give to politicians whose policies may favor the oil companies such as raising the terror alert level. As Simba once told us: "It's the circle of life."
Failing to warn the citizens of a looming weapon of mass destruction- and that's what global warming is- in order to protect oil company profits, well, that fits for me the definition of treason.
My father was a middle manager at an oil company, but I never knew anything about his work. Whatever business acumen I have just got gleaned over the years.
The Tea Party is protecting its millionaire and oil company friends while gutting critical services that they know protect the livelihood of African-Americans, as well as Latinos and other disadvantaged minorities.
In 2003... the White House conspired with an oil-company funded think tank to block a major government scientific report that sought to spell out the dangers of climate change to Americans.
The President's announcement sounded less like a national energy plan than like a page from an election-year play book. This Administration's plan to reduce obscene oil company profits is to regulate them less.
It is eminently possible to have a market-based economy that requires no such brutality and demands no such ideological purity. A free market in consumer products can coexist with free public health care, with public schools, with a large segment of the economy -- like a national oil company -- held in state hands. It's equally possible to require corporations to pay decent wages, to respect the right of workers to form unions, and for governments to tax and redistribute wealth so that the sharp inequalities that mark the corporatist state are reduced. Markets need not be fundamentalist.
Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.
We need to reduce our dependence on foreign oil by ending the subsidies for oil companies, and doubling down on clean energy that generates jobs and strengthens our security.
What do oil company executives, vampires and NASA bureaucrats all have in common? They fear solar energy.
When my job was attempting to predict future economic developments for the Shell oil company, I was frequently reminded of an Arabic saying: 'Those who claim to foresee the future are lying, even if by chance they are later proved right.'
The oil companies regard nuclear power as their rival, who will reduce their profits, so they put out a lot of disinformation about nuclear power.
The oil companies are regulated by the federal government. They can't drill on land nor in American waters without permission from the feds. Many Republicans want to drill baby drill but what's the point if all the oil goes to China? Increased production obviously doesn't mean lower prices for us.
Unlike my opponent, I will not let oil companies write this country's energy plan, or endanger our coastlines, or collect another $4 billion in corporate welfare from our taxpayers.
You know how much money the oil companies have? If you need some gas, just go fill your tank off and drive off - they're not going to miss it.
Nike used to be known as Blue Ribbon Sports. What's now Sara Lee used to be Consolidated Foods. And Exxon was once Standard Oil Company of New Jersey. These were name changes that worked. But for all the ones that do, there are 10 or 20 that don't.
Look around. Oil companies guzzle down the billions in profits. Billionaires pay a lower tax rate than their secretaries, and Wall Street CEOs, the same ones the direct our economy and destroyed millions of jobs still strut around Congress, no shame, demanding favors, and acting like we should thank them. Does anyone here have a problem with that?
The oil industry is a stunning example of how science, technology, and mass production can divert an entire group of companies from their main task. ... No oil company gets as excited about the customers in its own backyard as about the oil in the Sahara Desert. ... But the truth is, it seems to me, that the industry begins with the needs of the customer for its products. From that primal position its definition moves steadily back stream to areas of progressively lesser importance until it finally comes to rest at the search for oil.
Ecologically speaking, a spilt tanker load is like sticking a safety pin into an elephant's foot. The planet barely notices. After the Exxon Valdez accident in Alaska the oil company spent billions tidying up the coastline, but it was a waste of money because the waves were cleaning up faster than Exxon could. Environmentalists can never accept the planet's ability to self-heal.
We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing new fields].
You have to work with the auto industry, the oil companies, you have to work to develop renewable fuel, whether it's solar or different kinds of fuel.
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