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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,'"

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Submitted Mar 11, 2010 By: LetemEatCake

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honda0105 Champion Author Tallahassee Posts:10,150 Points:591,800 Joined:Nov 2008	Message Posted: Mar 12, 2010 3:45:22 PM Ignore honda0105 Report Abuse 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.
LetemEatCake Champion Author Oklahoma City Posts:2,800 Points:425,395 Joined:Mar 2008	Message Posted: Mar 12, 2010 4:34:45 AM Ignore LetemEatCake Report Abuse NHLiveFree... Well said on Obama...and awesomely funny too!
NHLiveFree Champion Author New Hampshire Posts:3,777 Points:629,060 Joined:Jun 2008	Message Posted: Mar 11, 2010 7:10:50 PM Ignore NHLiveFree Report Abuse 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.
gasokie Veteran Author Oklahoma Posts:481 Points:546,035 Joined:May 2007	Message Posted: Mar 11, 2010 4:53:34 AM Ignore gasokie Report Abuse 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.
jwalkerh Champion Author Louisiana Posts:1,957 Points:524,900 Joined:Oct 2008	Message Posted: Mar 11, 2010 4:41:53 AM Ignore jwalkerh Report Abuse 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.
LetemEatCake Champion Author Oklahoma City Posts:2,800 Points:425,395 Joined:Mar 2008	Message Posted: Mar 11, 2010 4:25:25 AM Ignore LetemEatCake Report Abuse 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?
fordmexico Champion Author Michigan Posts:1,942 Points:172,375 Joined:Oct 2009	Message Posted: Mar 11, 2010 3:57:14 AM Ignore fordmexico Report Abuse I noticed that no BP exec was quoted. BP has a large stake in renewable energy, especially solar!
Bussman Champion Author Dallas Posts:1,627 Points:489,405 Joined:Nov 2008	Message Posted: Mar 11, 2010 3:29:42 AM Ignore Bussman Report Abuse Most people chortle at the Obama Administration. This administration has become the laughing stock of the world. Remember the Chinese reaction? Very dangerous indeed.
coughlin All-Star Author San Jose Posts:941 Points:260,450 Joined:Sep 2009	Message Posted: Mar 11, 2010 1:53:34 AM Ignore coughlin Report Abuse I would expect nothing else. Ridiculing renewables with phrases 'hydrocarbon deniers' indicates ignorance.
vandamme All-Star Author New York Posts:686 Points:91,395 Joined:Nov 2008	Message Posted: Mar 11, 2010 1:36:50 AM Ignore vandamme Report Abuse "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.
DerHahn Champion Author Illinois Posts:7,907 Points:1,109,020 Joined:May 2004	Message Posted: Mar 11, 2010 1:33:59 AM Ignore DerHahn Report Abuse 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.
MightyDude Champion Author Minnesota Posts:5,139 Points:1,633,770 Joined:Mar 2003	Message Posted: Mar 11, 2010 12:48:04 AM Ignore MightyDude Report Abuse aka gathering of leaches & con-artist ;)
RichardoB Champion Author Fayetteville Posts:2,766 Points:1,026,835 Joined:Jun 2007	Message Posted: Mar 11, 2010 12:47:46 AM Ignore RichardoB Report Abuse "Khalid Al-Falih, president and CEO of Saudi Aramco, deemed overreliance on renewable power dangerous..." Yeah, dangerous to the oil industry.
fightbigoil71 Champion Author Milwaukee Posts:2,587 Points:553,925 Joined:Nov 2008	Message Posted: Mar 11, 2010 12:40:32 AM Ignore fightbigoil71 Report Abuse What else would you expect from the execs?
fillerupyeoww All-Star Author Columbus Posts:759 Points:635,010 Joined:Mar 2008	Message Posted: Mar 11, 2010 12:39:08 AM Ignore fillerupyeoww Report Abuse Chortle?
tc316 Champion Author Twin Cities Posts:3,852 Points:747,910 Joined:Apr 2007	Message Posted: Mar 11, 2010 12:38:46 AM Ignore tc316 Report Abuse Consider the source
LeeFree Champion Author Pittsburgh Posts:4,200 Points:1,256,025 Joined:Jun 2005	Message Posted: Mar 11, 2010 12:38:40 AM Ignore LeeFree Report Abuse 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.
FPLREP Champion Author Virginia Posts:3,228 Points:1,461,830 Joined:Oct 2005	Message Posted: Mar 11, 2010 12:34:09 AM Ignore FPLREP Report Abuse If they really wanted to protect their stake they would do everything they could to lower prices!
theawesome1 Champion Author Cleveland Posts:3,455 Points:769,060 Joined:Aug 2005	Message Posted: Mar 11, 2010 12:32:44 AM Ignore theawesome1 Report Abuse 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.
gasandgoAL Champion Author Alabama Posts:1,735 Points:571,855 Joined:Sep 2008	Message Posted: Mar 11, 2010 12:32:27 AM Ignore gasandgoAL Report Abuse saudi charges more for oil than any other nation.
WonderfulMI Champion Author Michigan Posts:5,628 Points:770,800 Joined:Jun 2008	Message Posted: Mar 11, 2010 12:32:16 AM Ignore WonderfulMI Report Abuse As long as they can keep renewable energy down they can extort money from us.
rogerparry Champion Author Florida Posts:4,409 Points:898,980 Joined:Jan 2008	Message Posted: Mar 11, 2010 12:31:58 AM Ignore rogerparry Report Abuse I guess they are starting to get nervous.
Redink Champion Author Indianapolis Posts:2,258 Points:443,990 Joined:Aug 2005	Message Posted: Mar 11, 2010 12:31:40 AM Ignore Redink Report Abuse Big oil thinks that they own the world and noone else matters.
turbodog Champion Author Mississippi Posts:1,618 Points:350,595 Joined:Feb 2009	Message Posted: Mar 11, 2010 12:31:12 AM Ignore turbodog Report Abuse The smart energy companies are on the forefront for differing energy sources.
timarcos Champion Author Corpus Christi Posts:1,028 Points:250,590 Joined:Jul 2009	Message Posted: Mar 11, 2010 12:29:55 AM Ignore timarcos Report Abuse We need more oil to lower prices.
dave364 Champion Author Lansing Posts:1,178 Points:498,605 Joined:Nov 2007	Message Posted: Mar 11, 2010 12:27:55 AM Ignore dave364 Report Abuse keep drilling
fordfan1 Champion Author Indiana Posts:3,988 Points:874,840 Joined:Jul 2007	Message Posted: Mar 11, 2010 12:26:30 AM Ignore fordfan1 Report Abuse I agree to renewable energy sources but let's continue to explore and drill for our own oil here in North America.
janctx Champion Author Lubbock Posts:2,511 Points:820,055 Joined:Nov 2007	Message Posted: Mar 11, 2010 12:26:28 AM Ignore janctx Report Abuse what a shame, we have to wonder where this is taking our planet. Only God knows
nb52 Champion Author Grand Rapids Posts:2,675 Points:540,415 Joined:Nov 2008	Message Posted: Mar 11, 2010 12:25:51 AM Ignore nb52 Report Abuse I like the "hydrocarbon denier" phrase...and the sarcasm it intended.
Ringmaster2008 Champion Author Ontario Posts:2,747 Points:478,660 Joined:Apr 2008	Message Posted: Mar 11, 2010 12:24:07 AM Ignore Ringmaster2008 Report Abuse Oil has always had a "me first" attitude.
dar 1 All-Star Author Michigan Posts:903 Points:203,410 Joined:Jan 2005	Message Posted: Mar 11, 2010 12:23:36 AM Ignore dar 1 Report Abuse They do have us by the ba$$.
BazooQC Champion Author Montreal Posts:4,565 Points:639,055 Joined:Oct 2008	Message Posted: Mar 11, 2010 12:23:24 AM Ignore BazooQC Report Abuse 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.
naw62 Champion Author Maine Posts:4,350 Points:1,207,245 Joined:Sep 2006	Message Posted: Mar 11, 2010 12:23:17 AM Ignore naw62 Report Abuse Take it overseas they don't want to hear it here They are just MINEY HUNGRY
Beboper Champion Author Virginia Posts:3,567 Points:1,145,835 Joined:Oct 2005	Message Posted: Mar 11, 2010 12:21:36 AM Ignore Beboper Report Abuse greed is meeting so forget about renewable energy
gabbygusIN Champion Author Indiana Posts:2,180 Points:557,725 Joined:Oct 2008	Message Posted: Mar 11, 2010 12:21:06 AM Ignore gabbygusIN Report Abuse I agree with subnuke!
katmandue Champion Author Detroit Posts:2,954 Points:1,133,880 Joined:Jul 2006	Message Posted: Mar 11, 2010 12:18:32 AM Ignore katmandue Report Abuse They couldn't care less about their product killing the planet as long as they profit from it.
ttwiw Champion Author Austin Posts:1,904 Points:882,820 Joined:Sep 2005	Message Posted: Mar 11, 2010 12:17:07 AM Ignore ttwiw Report Abuse 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
mandoid Champion Author Colorado Springs Posts:2,810 Points:581,100 Joined:May 2008	Message Posted: Mar 11, 2010 12:11:37 AM Ignore mandoid Report Abuse i agree subnuke
RocketGeek Champion Author Grand Rapids Posts:5,403 Points:1,095,460 Joined:May 2005	Message Posted: Mar 11, 2010 12:07:35 AM Ignore RocketGeek Report Abuse They would be better advised to balance their portfolios and invest in some renewables.
pitamon Champion Author Philadelphia Posts:2,377 Points:1,190,400 Joined:Sep 2004	Message Posted: Mar 11, 2010 12:05:57 AM Ignore pitamon Report Abuse I find it hard to believe that oil companies would be against renewable energy.
subnuke Champion Author Atlanta Posts:2,638 Points:533,800 Joined:Sep 2008	Message Posted: Mar 11, 2010 12:00:42 AM Ignore subnuke Report Abuse Renewables have their place, a minor one. Nuclear and clean coal are the choices.
GasholeMI Champion Author Lansing Posts:5,089 Points:721,290 Joined:Jul 2008	Message Posted: Mar 10, 2010 11:58:40 PM Ignore GasholeMI Report Abuse Renewables are definately worth a look but lets make sure they work before we ring their praises.
Sabretooth78 Champion Author Buffalo Posts:8,874 Points:1,715,800 Joined:Sep 2005	Message Posted: Mar 10, 2010 11:58:02 PM Ignore Sabretooth78 Report Abuse Many more will chortle when the oil runs out and these same guys are living beneath underpasses for their unwillingness to adapt.
afghaned Champion Author Hamilton Posts:3,995 Points:272,050 Joined:May 2004	Message Posted: Mar 10, 2010 11:52:21 PM Ignore afghaned Report Abuse 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.
cheapertvs Champion Author Richmond Posts:4,984 Points:1,726,670 Joined:Jan 2004	Message Posted: Mar 10, 2010 11:52:09 PM Ignore cheapertvs Report Abuse Many voices in the room, but not one listens to another.
neptune2008 Champion Author Michigan Posts:3,419 Points:674,700 Joined:Aug 2008	Message Posted: Mar 10, 2010 11:50:05 PM Ignore neptune2008 Report Abuse we chortle right back!
PADI Champion Author Ontario Posts:1,227 Points:488,175 Joined:Nov 2008	Message Posted: Mar 10, 2010 11:48:37 PM Ignore PADI Report Abuse We do need renewable energy sources, we have relied on oil, especially foriegn for far too long.
BoerneWatch Champion Author San Antonio Posts:9,883 Points:1,437,585 Joined:Oct 2005	Message Posted: Mar 10, 2010 11:47:16 PM Ignore BoerneWatch Report Abuse Consider the source.
raleightom All-Star Author Raleigh Posts:765 Points:215,710 Joined:Nov 2007	Message Posted: Mar 10, 2010 11:45:56 PM Ignore raleightom Report Abuse 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 !!!!
Tru2psu2 Champion Author Winston-Salem Posts:6,251 Points:589,605 Joined:Feb 2004	Message Posted: Mar 10, 2010 11:44:18 PM Ignore Tru2psu2 Report Abuse Robbin' Obama and his band of Merrymen!