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Big Oil and citizenship
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nw30



Joined: 21 Dec 2008
Posts: 6429
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Tue Apr 21, 2020 12:49 pm    Post subject: Reply with quote

Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html
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mac



Joined: 07 Mar 1999
Posts: 15460
Location: Berkeley, California

PostPosted: Tue Apr 21, 2020 12:56 pm    Post subject: Reply with quote

nw30 wrote:
Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html


I can remember when NW called me stupid for refusing to buy oil stock.
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boggsman1



Joined: 24 Jun 2002
Posts: 8255
Location: at a computer

PostPosted: Tue Apr 21, 2020 1:26 pm    Post subject: Reply with quote

nw30 wrote:
Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html


Its called sarcasm. Since oil futures had never traded negative before yesterday, someone has to explain it , I guess. But , in terms of CNN, they still get top dollar AD rates in Prime Time, I guess consumers in the 25-54 age group watch it.
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nw30



Joined: 21 Dec 2008
Posts: 6429
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Tue Apr 21, 2020 2:06 pm    Post subject: Reply with quote

mac wrote:
nw30 wrote:
Apparently CNN really does know their audience, as being a bunch of numbskulls. I find it amazing that they are still in business, it must be the contract that they have with all the airports that keep that station on the air.
But yes the idiots watch it, as proved by this story that they felt they needed to tell.
~~~~~~~~~~~~~
What does it mean when oil prices go negative? No, it doesn't mean the gas station will pay you to fill up
https://www.cnn.com/2020/04/20/business/below-zero-oil-gasoline-prices/index.html


I can remember when NW called me stupid for refusing to buy oil stock.
I did? I currently don't own any myself, haven't for quite awhile.
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mac



Joined: 07 Mar 1999
Posts: 15460
Location: Berkeley, California

PostPosted: Sun Jun 21, 2020 10:50 am    Post subject: Reply with quote

Op ed piece in today’s Chronicle gives some idea about the desperation of the carbon industry in the face of climate change challenges. Written by Daniel Kammen, prof. at Cal with a long resume on energy and public policy. The subject is Lyft’s commitment to electrical vehicles.

Quote:
...EV’s outperform gas-powered cars in terms of both equivalent miles per gallon, and in terms of operating costs. EV costs per mile are 1/3 to 1/5 that of petroleum cars. In California...an EV powered from the grid gets more than 120 miles per gallon equivalent...”



With solar collectors, that increases to 200 mpg equivalent. If only the buggy whip makers had the Koch’s and mrgybe to pimp for them...
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mac



Joined: 07 Mar 1999
Posts: 15460
Location: Berkeley, California

PostPosted: Sun Jun 21, 2020 1:34 pm    Post subject: Reply with quote

Schadenfreude is a guilty pleasure.

https://www.ft.com/content/9dc099f3-f51b-4eef-8c14-03b33ba4d041?mkt_tok=eyJpIjoiWWpVME1URmtaakppTW1ObCIsInQiOiJUdHRvWTJHZXk0ZXJlZ2ozRmpDcmc0QUE5OUU3Nm9BUUxwSldBMWpMQzFKODhxNlh0dzVnNHRZaWhpVkVHMG9ydDJzM0laV2FcL1AxaE9MdnR6eHh6T3lBMlE0WWtnVTVhWlozSlZSZ2VDMEZ0SnRVeVFtcGxvMEpcL2NHazkrUUVWIn0%3D
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mac



Joined: 07 Mar 1999
Posts: 15460
Location: Berkeley, California

PostPosted: Sun Jun 28, 2020 3:44 pm    Post subject: Reply with quote

The swamp creatures backing Trump and paying Republicans. Exxon dishonesty display on places other than this forum. From Morning Consult.

Quote:
In 2017, the government of Venezuela attempted to recruit then-Rep. Pete Sessions (R-Texas) via email to set up a meeting with the head of ExxonMobil Corp. to lure the oil giant back to the country, while at the same time allegedly paying a close former House colleague $50 million in consulting fees to mitigate the use of sanctions against Venezuela, a media outlet found. According to two people familiar with a federal inquiry into the matter, the email from Venezuela's state-run oil giant PDVSA has been shared with U.S. federal law enforcement officials investigating the person who allegedly instructed the official to send the email, former Miami Congressman David Rivera; both Sessions and Rivera did not comment in response to the allegations.
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mac



Joined: 07 Mar 1999
Posts: 15460
Location: Berkeley, California

PostPosted: Tue Aug 25, 2020 11:14 am    Post subject: Reply with quote

Quote:
ExxonMobil Corp. was among the companies ejected from the Dow Jones Industrial Average, the world's most prominent equity benchmark, in order to make space for the addition of Salesforce.com, Amgen Inc. and Honeywell International. Exxon was the world's biggest company in 2011, and its removal from the equity gauge reflects its embrace of technology companies over commodities, especially after Apple Inc. announced a stock split reducing the impact of computer and software companies in the average. (Bloomberg)
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mac



Joined: 07 Mar 1999
Posts: 15460
Location: Berkeley, California

PostPosted: Mon Aug 31, 2020 11:18 am    Post subject: Reply with quote

Some of us certainly remember the sneering comments by mrexxonapologist, disparaging Tesla and tech companies. A whiff of desperation as Exxon is removed from the big board and the oil business contracts? Here is their response.

Quote:
By Hiroko Tabuchi, Michael Corkery and Carlos Mureithi
Aug. 30, 2020

Confronting a climate crisis that threatens the fossil fuel industry, oil companies are racing to make more plastic. But they face two problems: Many markets are already awash with plastic, and few countries are willing to be dumping grounds for the world’s plastic waste.

The industry thinks it has found a solution to both problems in Africa.

According to documents reviewed by The New York Times, an industry group representing the world’s largest chemical makers and fossil fuel companies is lobbying to influence United States trade negotiations with Kenya, one of Africa’s biggest economies, to reverse its strict limits on plastics — including a tough plastic-bag ban. It is also pressing for Kenya to continue importing foreign plastic garbage, a practice it has pledged to limit.

Plastics makers are looking well beyond Kenya’s borders. “We anticipate that Kenya could serve in the future as a hub for supplying U.S.-made chemicals and plastics to other markets in Africa through this trade agreement,” Ed Brzytwa, the director of international trade for the American Chemistry Council, wrote in an April 28 letter to the Office of the United States Trade Representative.

The United States and Kenya are in the midst of trade negotiations and the Kenyan president, Uhuru Kenyatta, has made clear he is eager to strike a deal. But the behind-the-scenes lobbying by the petroleum companies has spread concern among environmental groups in Kenya and beyond that have been working to reduce both plastic use and waste.

Kenya, like many countries, has wrestled with the proliferation of plastic. It passed a stringent law against plastic bags in 2017, and last year was one of many nations around the world that signed on to a global agreement to stop importing plastic waste — a pact strongly opposed by the chemical industry.
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mac



Joined: 07 Mar 1999
Posts: 15460
Location: Berkeley, California

PostPosted: Mon Oct 05, 2020 9:09 am    Post subject: Reply with quote

Is it true that their corporate slogan is”not sorry” ?

Quote:
An analysis of internal documents shows that Exxon Mobil Corp. is estimating that its yearly carbon dioxide emissions will rise 17 percent by 2025, roughly equivalent to the emissions output of Greece, as a result of its seven-year, $210 billion investment plan adopted in 2018. Unlike other large fossil fuel companies that have pledged to cut emissions, Exxon has never committed to lowering oil and gas output or set a date to reach carbon neutrality. (Bloomberg)
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