Thursday, May 29, 2008
Exxon Mobil Flips the Bird to the Greens.
Kudos to Exxon Mobil CEO Rex Tillerson facing down the Rockefellers at the shareholders meeting yesterday. Though I hope his comment on "corporate social responsibility" was just posturing to the press. Supplying the world with fossil fuels is good business and will provide a profit for your shareholders, to whom you actually owe your responsibility. But beyond that he said that Exxon Mobil plans to push ahead with an "$8-billion Kearl oilsands project in Alberta" despite court challenges by environmentalist. This got me thinking, why is Canada allowed to use her natural resources, but the United States is not? Why isn't Exxon Mobil pushing ahead with projects off the Florida coast or in Alaska? If Canada can keep a leash on their wackjob anti-capitalist greens in order to obtain the commodity that fuels the world, why can't the U.S.? How have we let the greenies gain such power here that our environmental restrictions on exploiting our natural resources are more liberal than quasi socialist Canada? Just some food for thought as I fill my truck up with $3.77 a gallon gas.