Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:17 AM

GasBuddy News Article

24
votes
Oil Execs Chortle as Obama Admin Promotes Renewables

New York Times - Green Inc. -- HOUSTON -- Renewable energy is being praised in Washington, but it is generating snickers here in the nation's traditional energy capital, where oil, gas and utility leaders are gathered for a major industry conference.

Leaders of two of the world's largest oil and gas companies used their addresses at CERAWeek, a sprawling conference sponsored by energy analysis firm IHS Cambridge Energy Research Associates, to warn against unbridled optimism about wind and solar energy. Khalid Al-Falih, president and CEO of Saudi Aramco, deemed overreliance on renewable power dangerous, while ConocoPhillips Chairman James Mulva employed sarcasm to compare renewable boosters to those who won't acknowledge climate change.

"We must overcome the opposition of the 'hydrocarbon deniers,'"


Read the Full Article

Submitted Mar 11, 2010 By: LetemEatCake
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil Execs Chortle as Obama Admin Promotes Renewables Post a Reply Back to Topics
REPLIES (newest first)
Profile Pic
honda0105
Champion Author Tallahassee

Posts:15,259
Points:1,141,225
Joined:Nov 2008
Message Posted: Mar 12, 2010 9:45:22 PM

as long as Pig Oil is whining about something like solar and wind, you KNOW it's something we need to go for - because they whine so they can keep their thumbscrews on our money due to Pig Oil monopoly.

Let's work to break Pig Oil's monopolic back.
Profile Pic
LetemEatCake
Champion Author Oklahoma City

Posts:2,987
Points:766,760
Joined:Mar 2008
Message Posted: Mar 12, 2010 10:34:45 AM


NHLiveFree...

Well said on Obama...and awesomely funny too!
Profile Pic
NHLiveFree
Champion Author New Hampshire

Posts:7,205
Points:1,170,885
Joined:Jun 2008
Message Posted: Mar 12, 2010 1:10:50 AM


Bussman: The Chinese reaction to President Obama is a very good sign that he is doing his job. What are you ranting about? The Bush/Cheney admin. was the laughing stock of the world. B/C could never manage a consensus amongst world leaders on anything!

I thought "sole" was fish! Come on awesome1, get real! The oil we drill is NOT renewing every day. It is the decayed remains of plants and animals subjected to eons of pressure and heat. The "good earth" is not making more oil as we speak.

Renewable energy is only dangerous for Khalid Al-Falih and his OPEC/Big Oil buds.
Profile Pic
gasokie
Champion Author Oklahoma

Posts:2,302
Points:960,505
Joined:May 2007
Message Posted: Mar 11, 2010 10:53:34 AM

There is no secret about air and solar energy providing tiny amounts of energy at hugh expense. Just add up the megawatts produced. It's very simple.
Profile Pic
jwalkerh
Champion Author Louisiana

Posts:4,313
Points:1,009,905
Joined:Oct 2008
Message Posted: Mar 11, 2010 10:41:53 AM

Of course the oil rich countries do not want to see us use renewable energy resources because that means we will not be buying oil from them. Their economy are dependent on the United States, the largest oil users to survive.
Profile Pic
LetemEatCake
Champion Author Oklahoma City

Posts:2,987
Points:766,760
Joined:Mar 2008
Message Posted: Mar 11, 2010 10:25:25 AM

theawesome1from Cleveland...

OK, I'll bite...what do you really mean by, "The sole of the world is filled with oil that renews itself everday but the USA lets other countries take our share."?? Sounds like 'Weasel Words' to me on the surface.

How deep do we have to drill to the 'sole', maybe soul? or do you mean foot of the world?
Profile Pic
fordmexico
Champion Author Michigan

Posts:7,533
Points:306,750
Joined:Oct 2009
Message Posted: Mar 11, 2010 9:57:14 AM

I noticed that no BP exec was quoted. BP has a large stake in renewable energy, especially solar!
Profile Pic
Bussman
Champion Author Dallas

Posts:3,862
Points:991,680
Joined:Nov 2008
Message Posted: Mar 11, 2010 9:29:42 AM

Most people chortle at the Obama Administration. This administration has become the laughing stock of the world. Remember the Chinese reaction? Very dangerous indeed.
Profile Pic
coughlin
Champion Author San Jose

Posts:3,336
Points:755,050
Joined:Sep 2009
Message Posted: Mar 11, 2010 7:53:34 AM

I would expect nothing else. Ridiculing renewables with phrases 'hydrocarbon deniers' indicates ignorance.
Profile Pic
vandamme
Champion Author New York

Posts:1,018
Points:117,800
Joined:Nov 2008
Message Posted: Mar 11, 2010 7:36:50 AM

"The sole of the world is filled with oil that renews itself everday but the USA lets other countries take our share. "

Well, actually, we consume more than our share, and it isn't being renewed.
Profile Pic
DerHahn
Champion Author Illinois

Posts:11,145
Points:1,653,000
Joined:May 2004
Message Posted: Mar 11, 2010 7:33:59 AM

if the oil company says solar and wind power is bad, then we need to make use of it. if they are talking about it, then it's starting to cut into their profit margin. build more.
Profile Pic
MightyDude
Champion Author Minnesota

Posts:7,954
Points:2,180,770
Joined:Mar 2003
Message Posted: Mar 11, 2010 6:48:04 AM

aka gathering of leaches & con-artist ;)
Profile Pic
RichardoB
Champion Author Fayetteville

Posts:5,625
Points:1,536,285
Joined:Jun 2007
Message Posted: Mar 11, 2010 6:47:46 AM

"Khalid Al-Falih, president and CEO of Saudi Aramco, deemed overreliance on renewable power dangerous..." Yeah, dangerous to the oil industry.
Profile Pic
fightbigoil71
Champion Author Milwaukee

Posts:5,206
Points:1,087,835
Joined:Nov 2008
Message Posted: Mar 11, 2010 6:40:32 AM

What else would you expect from the execs?
Profile Pic
fillerupyeoww
Champion Author Columbus

Posts:3,516
Points:1,181,870
Joined:Mar 2008
Message Posted: Mar 11, 2010 6:39:08 AM

Chortle?
Profile Pic
tc316
Champion Author Twin Cities

Posts:7,735
Points:1,270,905
Joined:Apr 2007
Message Posted: Mar 11, 2010 6:38:46 AM

Consider the source
Profile Pic
LeeFree
Champion Author Pittsburgh

Posts:6,819
Points:1,781,925
Joined:Jun 2005
Message Posted: Mar 11, 2010 6:38:40 AM

That attitude is no surprise from the people who currently control the world's energy. Khalid doesn't want to go back to living in a tent in the desert with sand blowing up his shorts.
Profile Pic
FPLREP
Champion Author Virginia

Posts:5,735
Points:1,984,150
Joined:Oct 2005
Message Posted: Mar 11, 2010 6:34:09 AM

If they really wanted to protect their stake they would do everything they could to lower prices!
Profile Pic
theawesome1
Champion Author Cleveland

Posts:6,973
Points:1,303,385
Joined:Aug 2005
Message Posted: Mar 11, 2010 6:32:44 AM

The sole of the world is filled with oil that renews itself everday but the USA lets other countries take our share. SO GET TO WORK! Gas prices should be lower than what we see when we can produce our own & they sell it to keep their wallets full but we are not being taken over by SPECULATORS and their prices.
Profile Pic
gasandgoAL
Champion Author Alabama

Posts:4,658
Points:1,122,870
Joined:Sep 2008
Message Posted: Mar 11, 2010 6:32:27 AM

saudi charges more for oil than any other nation.
Profile Pic
WonderfulMI
Champion Author Michigan

Posts:9,019
Points:1,319,805
Joined:Jun 2008
Message Posted: Mar 11, 2010 6:32:16 AM

As long as they can keep renewable energy down they can extort money from us.
Profile Pic
rogerparry
Champion Author Florida

Posts:7,199
Points:1,448,980
Joined:Jan 2008
Message Posted: Mar 11, 2010 6:31:58 AM

I guess they are starting to get nervous.
Profile Pic
Redink
Champion Author Indianapolis

Posts:5,033
Points:884,255
Joined:Aug 2005
Message Posted: Mar 11, 2010 6:31:40 AM

Big oil thinks that they own the world and noone else matters.
Profile Pic
turbodog
Champion Author Mississippi

Posts:4,387
Points:895,440
Joined:Feb 2009
Message Posted: Mar 11, 2010 6:31:12 AM

The smart energy companies are on the forefront for differing energy sources.
Profile Pic
timarcos
Champion Author Corpus Christi

Posts:3,625
Points:744,210
Joined:Jul 2009
Message Posted: Mar 11, 2010 6:29:55 AM

We need more oil to lower prices.
Profile Pic
dave364
Champion Author Lansing

Posts:3,198
Points:1,007,320
Joined:Nov 2007
Message Posted: Mar 11, 2010 6:27:55 AM

keep drilling
Profile Pic
fordfan1
Champion Author Indiana

Posts:6,726
Points:1,423,040
Joined:Jul 2007
Message Posted: Mar 11, 2010 6:26:30 AM

I agree to renewable energy sources but let's continue to explore and drill for our own oil here in North America.
Profile Pic
janctx
Champion Author Lubbock

Posts:2,715
Points:882,880
Joined:Nov 2007
Message Posted: Mar 11, 2010 6:26:28 AM

what a shame, we have to wonder where this is taking our planet. Only God knows
Profile Pic
nb52
Champion Author Grand Rapids

Posts:5,414
Points:1,079,590
Joined:Nov 2008
Message Posted: Mar 11, 2010 6:25:51 AM

I like the "hydrocarbon denier" phrase...and the sarcasm it intended.
Profile Pic
Ringmaster2008
Champion Author Ontario

Posts:5,333
Points:841,205
Joined:Apr 2008
Message Posted: Mar 11, 2010 6:24:07 AM

Oil has always had a "me first" attitude.
Profile Pic
dar 1
Champion Author Michigan

Posts:3,597
Points:335,265
Joined:Jan 2005
Message Posted: Mar 11, 2010 6:23:36 AM

They do have us by the ba$$.
Profile Pic
BazooQC
Champion Author Montreal

Posts:7,325
Points:1,171,405
Joined:Oct 2008
Message Posted: Mar 11, 2010 6:23:24 AM

Oil execs shooting down emerging renewable energy in order to protect their own interests.
If we consumers really had a choice and didn't have to buy gas, would we buy expensive gas cars? The gas budget is currently an essential expense for many. And many of us are now looking for alternatives.
Profile Pic
naw62
Champion Author Maine

Posts:7,115
Points:1,755,520
Joined:Sep 2006
Message Posted: Mar 11, 2010 6:23:17 AM

Take it overseas they don't want to hear it here They are just MINEY HUNGRY
Profile Pic
Beboper
Champion Author Virginia

Posts:6,362
Points:1,696,890
Joined:Oct 2005
Message Posted: Mar 11, 2010 6:21:36 AM

greed is meeting so forget about renewable energy
Profile Pic
gabbygusIN
Champion Author Indiana

Posts:4,876
Points:1,091,900
Joined:Oct 2008
Message Posted: Mar 11, 2010 6:21:06 AM

I agree with subnuke!
Profile Pic
katmandue
Champion Author Detroit

Posts:5,744
Points:1,676,040
Joined:Jul 2006
Message Posted: Mar 11, 2010 6:18:32 AM

They couldn't care less about their product killing the planet as long as they profit from it.
Profile Pic
ttwiw
Champion Author Austin

Posts:2,166
Points:1,298,060
Joined:Sep 2005
Message Posted: Mar 11, 2010 6:17:07 AM

Conoco Chairman Mulca is a two-faced idiot, IMO... endorsing the govt's climate change regs & also mocking the govt for not continuing support for oil
Profile Pic
mandoid
Champion Author Colorado Springs

Posts:5,037
Points:1,083,080
Joined:May 2008
Message Posted: Mar 11, 2010 6:11:37 AM

i agree subnuke
Profile Pic
RocketGeek
Champion Author Grand Rapids

Posts:8,231
Points:1,643,885
Joined:May 2005
Message Posted: Mar 11, 2010 6:07:35 AM

They would be better advised to balance their portfolios and invest in some renewables.
Profile Pic
pitamon
Champion Author Philadelphia

Posts:3,647
Points:1,495,035
Joined:Sep 2004
Message Posted: Mar 11, 2010 6:05:57 AM

I find it hard to believe that oil companies would be against renewable energy.
Profile Pic
subnuke
Champion Author Atlanta

Posts:5,203
Points:1,047,390
Joined:Sep 2008
Message Posted: Mar 11, 2010 6:00:42 AM

Renewables have their place, a minor one. Nuclear and clean coal are the choices.
Profile Pic
GasholeMI
Champion Author Lansing

Posts:7,768
Points:1,250,615
Joined:Jul 2008
Message Posted: Mar 11, 2010 5:58:40 AM

Renewables are definately worth a look but lets make sure they work before we ring their praises.
Profile Pic
Sabretooth78
Champion Author Buffalo

Posts:11,679
Points:2,247,350
Joined:Sep 2005
Message Posted: Mar 11, 2010 5:58:02 AM

Many more will chortle when the oil runs out and these same guys are living beneath underpasses for their unwillingness to adapt.
Profile Pic
afghaned
Champion Author Hamilton

Posts:8,498
Points:820,950
Joined:May 2004
Message Posted: Mar 11, 2010 5:52:21 AM

The first thing one does is bad mouth the competition. Wouldn't it be nice if a reliable, affordable alternative to oil was found in the next year!! Imagine the speeches then from this same august body.
Profile Pic
cheapertvs
Champion Author Richmond

Posts:7,841
Points:2,273,865
Joined:Jan 2004
Message Posted: Mar 11, 2010 5:52:09 AM

Many voices in the room, but not one listens to another.
Profile Pic
neptune2008
Champion Author Michigan

Posts:6,255
Points:1,217,610
Joined:Aug 2008
Message Posted: Mar 11, 2010 5:50:05 AM

we chortle right back!
Profile Pic
PADI
Champion Author Ontario

Posts:3,830
Points:1,003,125
Joined:Nov 2008
Message Posted: Mar 11, 2010 5:48:37 AM

We do need renewable energy sources, we have relied on oil, especially foriegn for far too long.
Profile Pic
BoerneWatch
Champion Author San Antonio

Posts:12,920
Points:1,986,030
Joined:Oct 2005
Message Posted: Mar 11, 2010 5:47:16 AM

Consider the source.
Profile Pic
raleightom
All-Star Author Raleigh

Posts:765
Points:215,710
Joined:Nov 2007
Message Posted: Mar 11, 2010 5:45:56 AM

Alternative energy costs will drop in the future as technology improves and demand for it increases as opposed to what the oil industry is doing. Big oil already has the technology and has been in place for many years and what do they do . . . . "STICK IT TO THE CONSUMER".

We not only need "Alternative Energy"; BUT, we need new staffing as well. We need to keep the oil people and Wall Street people out of the alternative energy field of play; thus giving it a chance to improve our economics.

Enough . . . same old . . . . same old !!!!
Profile Pic
Tru2psu2
Champion Author Winston-Salem

Posts:10,997
Points:1,120,500
Joined:Feb 2004
Message Posted: Mar 11, 2010 5:44:18 AM

Robbin' Obama and his band of Merrymen!
Post a reply Back to Topics