Tuesday, August 02, 2011

Combating Oil Misinformation

I wish this article were shorter because a lot of people won't take the time to read it as is, but it's really, really good.

The author address nearly every major criticism of US oil companies point-for-point and shows the flaws in the logic.

Speaking as somone that bought the "oil-companies-are-evil" mantra before I ever worked for one... it really helps to educate yourself.
In my travels around the globe, I have never been to another country that regards their oil companies as we do here in the U.S. I have actually been in countries where people view their domestic oil companies as a source of national pride. Here in the U.S., the average person on the street views our oil companies as vile, greedy parasites on taxpayers that should be tarred, feathered, and run right out of the country. While this belief is commonly held among Democrats, even staunch Conservatives like Bill O’Reilly have gone on anti-oil company rants, while offering suggestions like “American oil companies must supply the federal government with a written explanation every time they raise the price of gas and oil.”
Read more at www.consumerenergyreport.com


  1. If people can't understand the fairly simple concept of supply/demand, then how in the world would they understand the nuances here?

  2. Well, I can't argue with that, but I don't think his explanation is that nuanced.