Friday, June 18, 2004

Oil Company Death Match: Shell and BP vs. ExxonMobil

Exxon Head: Energy Independence Is a Myth
In this corner, ExxonMobil CEO Lee Raymond...

Global Warming:
As for global warming, Raymond expressed _as he often has — his skepticism about the science and predicted that in the decades ahead "carbon dioxide emissions from greater fossil fuel use will climb."

Energy Independence:
"We simply cannot avoid significant reliance on oil and gas from the Middle East because the world's supply pool (of oil) is highly dependent upon the Middle East," Raymond said in a speech at the Woodrow Wilson International Center for Scholars.

Oil chief: my fears for planet
Shell boss's 'confession' shocks industry

In this corner, Shell chairman Ron Oxburgh

Global Warming:
"No one can be comfortable at the prospect of continuing to pump out the amounts of carbon dioxide that we are pumping out at present ... with consequences that we really can't predict but are probably not good."

Energy Independence (from Shell Solar):
Choosing solar energy means contributing to the environment by choosing clean energy, cost saving on your day-to day energy costs, and an increasingly independency from your utility supplier

What the articles don't tell you is that Shell is heavily invested in alternative technologies while ExxonMobil is not. Also, ExxonMobil is almost wholly dependent on Middle East oil for their revenues while Shell pumps more from the North Sea and other non-Middle Eastern sources. I wonder how much the price would go up if we taxed the oil coming from the Middle East based on our military expenditures (blood and money) and peace subsidies to Israel and Egypt? No more and no less. I'll bet the price of things would go up, but our taxes would come down to even it out. Of course, any time of flux brings the hucksters and the suckers. We could appoint a set of watchdogs from ExxonMobil to make sure we don't spend money on unnecessary military hardware 'cuz it would come out of their pockets. Heck, it could even be packaged up as a set of privatization plans and everyone loves privatization. Right?


Vulgarius said...

Its quite evident that a few more people each year in the energy industry can see the writing on the wall. Even the auto industry is taking baby steps in the right direction. Some of course will refuse to evolve and will pay the price. One day our country will be able to shrug its shoulders at the middle east and the dictators will dry up just like their oil revenue. A day we crave to share with our kids. This great land abounds with enough energy to more than satisfy our every whim. Our plains could abound with both grains and wind to drive our cars and light up our homes. Much more will be needed from other sources...Domestic sources! But in the end not one drop of Arab, Russian or South American oil need stain our soil, water or our air.

More on this later!

Don Snabulus said...

I am rewriting a proposal that I made shortly after 9/11 that calculates the cost of replacing most of our power grid with wind/solar. I will repost it one of these days. The original was okay, but it was rife with the emotionalism that infected the air after 9/11. I want to get down to brass tacks, remove the rhetoric, and represent it as an argument for American power. Stay tuned also.

Don Snabulus said...

BTW, It did not address the type of fuel needed to propel vehicles (Biodiesel, Ethanol, Hydrogen, etc.).

Anonymous said...

Relatively Exact:

Yes, a few more people in the energy and auto industries see the writing on the wall each year, but I doubt any real progress will be made as long as the petroleum industry continues to have the political and economic spheres in the U.S. held by the family jewels. I mean, how many people in the current administration have direct ties to OIL?

Don Snabulus said...

...and the last Admin? Clinton was heavily invested in Dynegy and Gore in Occidental. All their hands are...crude.

Seymour said...

That's right Relatively, as the price of gasoline goes up, these guys get rich, Rich, RICH! Perhaps this entire Iraqi episode was perpetrated to increase the cost of gas? The population is less prone to riot if there is a clear and present reason why the price is topping out.

As for alternative fuel sources, dream on. Most of us realize that all alcohol sources and hydrogen are jokes. Biodiesel is a localized phenomena with no real distribution potential. We are, in a word "Screwed". Enjoy!

Don Snabulus said...

I think Seymour's point on biodiesel and ethanol is that our crop yields are so dependent on petroleum-based fertilizers that our ability to create these renewables would decrease if we didn't use a great deal of oil to create them.

I agree in one sense, but we dump a lot of poop into the river that could be cooked down into fertilizer, so I think it is worth a stab to look at changing our industrial infrastructure to adapt to today's realities. We've got a fair amount of time and effort to lose, but a lot to gain in resource allocation, saved lives, and goodwill.

The trick is to get all of our heavily invested in petroleum leaders to buy in on the change. That trick, I fear, may be impossible to perform; although there is no choice but to try.

Vulgarius said...

Petroleum fertilizers may be used but consumption is probably microscopic compared to the consumption caused by transportation. Thus any petroleum based fertilizers used could easily be supplied by domestic sources. And as was said earlier...There is no shortage of doo doo. The fact is no single energy source can be relied upon totally. Diesel will remain popular with the trucking industry while alcohol may be the thing for the average commuter (hic). Hydrogen fuel cells offer promise for small power needs while nuclear solar and wind could keep the cities lit. Whatever the case just say no to foriegn oil.

Anonymous said...


Hemp oil, dude. Hemp oil rocks! So does soy, man! Henry Ford proved it, man, but, like, those oil cartels, like, totally shut him down, man. Like, bum-MER!