8.2.06

The Critics of Oil Independence

Trivia Time!

In response to Bush's SotU speech, where he stated [metaphorically, of course] that he would end America's addiction to oil by reducing our dependence on Mid East oil exports by 75% by 2025, who said this:

  • "Realistically, it is simply not feasible in any time period relevant to our discussion today," and claimed that it is a "misperception" that the US could reach oil independence, and that it is not only a bad idea to attempt it, but also impossible.

If you said Exxon Sr. VP Stuart McGill, you're correct!

Here's another headscratcher - who said:

  • "In terms of energy policy, the U.S. seems to be sending mixed messages," ... by encouraging production growth with a new energy law, but derailing investment by considering special taxes on oil company profits.
If you said Chevron Executive VP George Kirkland, right again!

Now, can anybody explain to me why the number two oil corporation in the world, Chevron, and the corporation that netted the highest profits of any company in the history of corporations might be against making strides to reduce our independence on oil? Hmm.

Not to say that The Administration's plan is worth anything. But sometimes you have to consider the motivations of the critics, as well.

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