These are dizzying days. Our best advice is to stay woke, and pay attention. As we prepare for a day that will revolve around Trump’s Rose Garden speech to Make America Guzzle&Gush Again, it is worth taking a moment to focus on the amazing events in the background over the last few days: Kinder Morgan’s … Read More
The oil companies go to great efforts to portray their forecasts as works of objective analysis of the future. They are not – they are self-serving descriptions of the futures the companies would like policymakers and investors to believe in.
Trump’s botched celebration of Exxon comes while the President’s team works to dismantle environmental policies and institutions that were put in place to protect communities like those along the fence-lines of refineries and manufacturing plants in the Gulf Coast.
Rex Tillerson seems determined to run US foreign policy like he ran Exxon: deny, evade, and even lie, in order to defend power and certainly without regard to any ‘moral compass’.
Later today, there could be fireworks on Capital Hill when Democratic members of the Senate Foreign Relations Committee finally grill Rex Tillerson on his potential nomination as Secretary of State.
Rex Tillerson’s efforts to paint a picture of moderation amount to nothing more than a ruthless public relations campaign to curry favor in the media. Meanwhile he has pursued a reckless path of continued oil and gas development in order to continue making as much money as possible for himself and his company, regardless of the consequences.
When sanctions were placed on Russia, Exxon left behind the potential to produce billions of barrels of oil. Secretary of State appointee Rex Tillerson could be in a position to secure that prize for Exxon.
To everyone keeping score at home, you can mark this up as Putin’s payback for election intervention. The nomination of Rex Tillerson has revealed with startling clarity that our government is being set up to support the interests of Big Oil and Putin, not the American people or the planet. Now more than ever, we demand a Separation of Oil and State.
Today’s ExxonMobil shareholders meeting has been a stark example of Exxon’s continued intransigence when it comes to climate change.
Exxon is out with its annual forecast for a world dominated by fossil fuels and thrown into climate chaos. Why are we not surprised?