The U.S. didn't save enough; we borrowed a lot. There were structural imbalances in Asia with exporters, with oil exporters for a whole variety of things.
That is certainly the promise of [Donald Trump] campaign and the promise of his economic program.This economic program is really the pickup truck of economic programs. It's the Ford F-150 of economic programs. It's about manufacturing. It's about oil, fossil fuels. It's a deliberate, forceful reassertion of an image of American industrialism that we have inherited from the 20th century.
Most of the people who have grabbed hold of climate change and greenhouse gases, pollution, oil dependency - they have another motive, and their motive is to attain the appearance of virtue without having actually done anything virtuous.
We know that things like energy independence, getting off oil, getting out of the Middle East, and creating jobs and economic development in the new clean energy industries of the future are much higher priorities for most voters than capping carbon emissions or taxing dirty energy sources. So why not redefine our agenda as the solution to those problems?
Making big investments to get off oil, making clean energy alternatives widely available and cheap, and creating millions of new jobs in clean energy industries is a winner with American voters and can carry the whole suite of policies that we need to address global warming.
For those of us who worry more about working people than about windfall profits for oil companies, it may net out. A better question is: what does it do to our economy if we manage to overheat the earth? This summer's drought provides a small taste.
Oil companies are radical because they're willing to alter the chemical composition of the atmosphere.
I think the world on the other side of fossil fuel is more local - the logic of sun and wind is diffuse and spread out, not concentrated like the logic of coal and oil.
If you don't donate to Obama and you're a major corporation like Big Oil, then they're gonna blame you for climate change, destroying the planet and they're gonna get everybody turned against you and hating your guts and so forth, and that's how they operate. That's not how Trump operates. That's not how Mike Pence operates. They understand the simple mathematics of economics.
There's more than 1700 emails out of the thirty three thousand Hillary Clinton emails that we've published, just about Libya. It's not that Libya has cheap oil. She perceived the removal of [Muammar] Gaddafi and the overthrow of the Libyan state - something that she would use in her run-up to the general election for President.
I mean, Rex Tillerson is in the business of exploring and finding oil across the globe.
Rex Tillerson is 's in the business of exploring and finding oil across the globe. You have to go where the oil is at, and the fact that he actually has a relationship with people like Vladimir Putin and others across the globe is something that shouldn't be - we shouldn't be embarrassed by it, it's something that I think could be a huge advantage to the United States.
Republican hawks like John McCain and Lindsey Graham who are very skeptical of [Rex Tillerson]. At the same time the Democrats will portray him as a climate criminal because he heads a big oil company. So, he'll be in for really tough confirmation hearings.
It was reported in the left-wing press in the late 1930s that the Texas Company (Texaco), headed by the Nazi sympathizer Torkild Rieber, diverted its oil shipments from the Republic, with which it had contracts, to [Francisco] Franco.
You can read it in history books now, but they often suppress the fact that the U.S. government tolerated [Nazi]. It's really remarkable because they claim that [Franklin] Roosevelt was impeded by the Neutrality Act. On the other hand, he bitterly condemned a Mexican businessman for sending several guns to the Republic. If you look back, oil was the one commodity that [Francisco] Franco could not receive from the Germans and the Italians, so that was quite significant.
During the terrorist regime in Haiti in the 1990s, the CIA, under the administration of Bill Clinton, was reporting to Congress that oil shipments had been blocked from entering Haiti. That was just a lie. I was there. You could see the oil terminals being built and the ships coming in.
It turned out that [Bill] Clinton had authorized Texaco to illegally ship oil to the military junta [in Haiti] during a time when we were supposedly opposing the military junta and supporting democracy instead.
If you look at the Associated Press wires, there's a constant flow of information coming in. At that time I happened to have direct access to AP wires. The day the marines landed in Haiti and restored [ Jan Bètran] Aristide there was a lot of excitement about the dedication to democracy and so on. But the day before the marines landed, when every journalist was looking at Haiti because it was assumed that something big was happening, the AP wires reported that then [Bill] Clinton administration had authorized Texaco to ship oil illegally to the military junta.
I wrote an article about the marine landing [in Haiti] right away, but barely mentioned the oil, because my article would come out two months later and I assumed by then, "of course, everybody knows." Nobody knew. There was a news report in the Wall Street Journal, in the petroleum journals, and in some small newspapers, but not in the mainstream press.
Then there is another area of activity - economic interaction between Russia and the United States. Right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, Rosneft. We know for sure that US companies, as well as Japanese ones, by the way, are keenly interested in cooperation in Russia's oil and gas sector, in joint work. This has immense significance for world energy markets and will directly affect the whole world economy.
The fact that we have people who have headed up oil corporations now assigned to places in cabinet.
I'm not sure if there is a cultural loss of innocence specifically associated with the seventies. The oil crisis? The Watergate scandal? I really don't know. There's nothing there on the scale of Hiroshima.
The only time I was really surprised was the reaction to the [shoot dedicated to the] BP oil [spill in 2010]. I didn't expect it at all. It was for the August issue, perhaps one of the less relevant months, but there was so much buzz. It was picked up all over the American television, but I defended my position. I don't understand those that say that a magazine such as Vogue should not talk about these things.
The Islamic State is able to raise finances through taxation, through theft of banks, and certainly through oil sales from the Omar oilfields in eastern Syria. So right now the question of funding isn't of the essence.
I decided to write the book to open the eyes of the people of how corrupt John D. Rockefeller company was and the unfair ways he used to be successful. I wanted the people to know the truth about the Standard Oil Company.
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