Exxon John »
Posted By Spadecaller 1 year, 3 months ago in News
There's two million reasons Exxon John (McCain) likes Big Oil: they've given him two million bucks to protect their spoils...
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Spadecaller
Welcome to my profile. About me: I'm an artist of several kinds; from bull to painting. I don't spare too many words. Most ...
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Spadecaller1 year, 3 months ago
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"The future in energy is alternatives they say, but that's not Exxon John's way... "
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They got Americans so scared that they are willing to let offshore oil drilling in areas that will damage our coastal areas worse than what happened by Valdez.
Why? Because, like Bush, McCain is in bed with the oil companies. Squeezing the public again; for more war and oil profits.-
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Wolfie20071 year, 3 months ago
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Klarissa1 year, 3 months ago
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Factcheck.org says:
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An Obama ad says McCain's campaign got $2 million from "Big Oil." The total is actually $1.3 million.
Summary
Obama released a TV spot saying McCain's campaign got $2 million from "Big Oil" while McCain proposed "another $4 billion in tax breaks" for the industry.
The truth is that McCain's campaign has received $1.33 million from individuals employed in the oil and gas industry, not $2 million. Obama himself has received nearly $400,000, according to the most authoritative figures available. We find the $2 million figure is based on a mistaken calculation.
Furthermore, McCain is not proposing new tax breaks specifically targeted to the oil industry. He's proposing a general reduction in the corporate income tax rate, which Democrats figure would benefit the five largest oil and gas companies by $3.8 billion. -
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Georgia501 year, 3 months ago
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Ah. Now the same tribe of misfits that needs cutsie little rhymes, coherent issues not being an option for them, now informs us that the Valdez incident in Alaska was caused by offshore drilling.
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Oooops...the libs' attention span is fading...queue the music, Maestro...
"And the wheels on the bus go round and round..."
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Francisca1 year, 3 months ago
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donald511 year, 3 months ago
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...don't vote for any repug again! Their Energy Bill from the Repug "Do Nothing" Congress threw out all the government anti-monopoly laws for energy... so now big oil controls alternatives too! Seen the projections for heating oil lately? Remember that Stevens, currently indicted, didn't even want big oil CEOs to pledge to tell the truth to congress during the Repug Congress!
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Spadecaller1 year, 3 months ago
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The name of the game is to expose it. There are a few in Washington not on their payroll. Kick the rest of them out and do not send anymore to Washington wih lobby money from the oil companies. EXPOSE MCAIN for the phony that he is.
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AvareComment removed: Hard Banned
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Nowalive1 year, 3 months ago
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I have posted my solution to the energy situation here numerous times. I have called my congressman and senators, I have sent them an overview of what I have suggested here. My reward for my effort... an auto reply e-mail from ONE of my senators, and nothing else. A total lack of concern from our EMPLOYEES. This is why I will keep hammering away at getting out my message that America does have other choices. I will keep posting my solutions ( both short and long term ) and I will keep pressing on with my run for POTUS in 2012.
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Nowalive1 year, 3 months ago
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I have been railing about this issue for nearly 2 years. I have repeatedly stated here that the long term goal is to vastly reduce the consumption of fossil fuels. I have even posted MY very SHORT TERM solution, with my long term goals. Here it is again.
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1.) Eliminate ethanol. Ethanol costs $4.59 per gallon, the government subsidizes it at $1.08 per gallon. Congress mandated that 4 billion gallons be added to the fuel supply yearly. Ethanol has been PROVEN to REDUCE vehicle performance, REDUCE fuel economy, and burns NO CLEANER. Reduce the Federal Highway Tax by 50%(9.3 cents) and use the recovered ethanol subsidy to offset that. I am not that good with math, but the elimination of ethanol would reduce the price of gasoline ( not counting the FHT) roughly an additional 19 cents per gallon.
2.) Eliminate the 30+ boutique blends of gasoline out there (Los AngelosCounty has it's own blend) produce one grade 94, and one blend, the cleanest burning possible. Every car can run on 94, but not every car can run correctly on 87. Lower overhead for the refiners means lower prices at the pump.
3.) Increase vehicle fuel economy an additonal 30%, well within current technology. ( approximately 12 mpg more)[ that, coupled with the elimination of ethanol, would result in a net gain of approximately 16 mpg] Proper vehicle maintenance will also net you an additional 3 to 5 mpg.
4.) Invest in nanosolar (60% cheaper than conventional solar panels, and you can literally shingle and side your house with these new panels), nuclear (increase output to at least 70% of electricity generated{30 new Nuclear plants}), wind (where practical) to reduce the use of fossil fuels for electricity generation.
5.) Use LP, NG, and Methane for powering vehicles. Reclaim methane from landfills for use in vehicles (and to reduce greenhouse gases [ methane escaping into the atmosphere ]). Utilize compressed air powered cars (warm climates), and electrics in metropolitan areas to improve air quality and reduce REGIONAL WARMING.-
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beavith11 year, 3 months ago
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1.) ethanol is a political giveaway to the farm lobby. right. remove it. reducing FHT also removes the major funding source for bridge and highway repair. that's not such a good idea, unless the cost of energy rises high enough for rail to start making money again. i'd hate to see the shape of the economy for that to happen.
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2.) the one blend that works in LA might cause operating problems in Fargo. the mix that works in Fargo won't let your car start on a hot day in Houston. this one is thorny.
3.) right! one could also argue for the return of the national 55 speed limit. i've stripped two seats out of PT Cruiser, filled my tires to the high range and slowed from 70-75 to 55-60 and my fuel mileage has gone from 22 to almost 30.
4.) solar power is still way expensive. go nuke! go wind!
5.) distribution of NG for auto use is complicated. LP is expensive.
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Nowalive1 year, 3 months ago
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Contd.
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6.) Increase the reach of public transportation, improve it's reliability and capacity. Currently I HAVE to drive 26 miles to work as there is NO public transportation available.
7.) Incentivise businesses to offer shuttle service from the closest public transportation location to their location (where practical).
8.) Return all foodstuffs (ie: corn, soy, etc.)used in ethanol production to the food supply reducing cost to the consumer across the board. This will also help ease world hunger through exporting food again.
9.) Produce more glass containers again, reducing the need for oil in the plastics arena. This won't eliminate plastics, just reduce them. Glass is also easier to recycle.
10.) Increase domestic drilling, refining and storage capacity to build a surplus of gasoline, kerosene, and diesel to further reduce cost at the pump. Increasing our dependence on foreign suppliers will also have a slight effect on world prices. As demand falls, prices fall. This will be of benefit to developing countries.
I believe this is a very workable SHORT TERM solution, and by elininating oil imports (70% of our oil) we can keep that $700 billion dollar per year outlay in OUR economy.
Remember ...........
Vote Hamilton in 2012
Common sense, is geniuis dressed in it's work clothes-
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TheRealizer1 year, 3 months ago
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Nowalive..
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I am going to comment on just two of your items.
(#4) nuclear power.....The area I live in has high grade uranium mines which were developed several years ago, then put on standby waiting for the price to come back so they would be economically viable. This has now happened but the tree huggers have stopped any work to get them ready for mining....
(#8) Ethanol.....The farm, fertilizer, and farm equipment lobbies have very deep pockets to buy loyalty from your elected representatives. My suggestion is VOTE FOR NO INCUMBENTS this election cycle. We just keep sending the same ones back to get rich on taxpayer and lobbiest money...... -
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bigurn1 year, 3 months ago
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I would like to study the differences between glass and plastic. The coversion from glass to plastic packaging was not a cost reduction. It was done to save weight on trucks, to improve safety for the consumer and to save space on store shelves. What is the economic impact of the increased weight, reduced safety and the addtional truckloads due to larger space demands?
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Also, I would like to study the recyclability of glass vs plastic. I'm in both industries now, and I find no difference at all in the ease of recycling. -
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Searchbeam1 year, 3 months ago
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Nowalive,
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It is an interesting manifesto!
However, you may look a little deeper into the subject of nuclear power plants.
As a physicist, I can say without reservation that currently there is no proven and safe way to dispose of the nuclear waste produced by nuclear power plants. It is a biohazard, and will remain a biohazard for at least 100,000 years. Nothing that will come close to it can survive.
We will be creating a monster that we will be condemning our future generations with.
There is no "safe" place to keep this deadly substance.
Yucca Mountain in Nevada was supposed to be the depository of this godforsaken
calamity, but people of Nevada are dead set against it, and now scientists are finding serious problems, including the possibility of radiation leach into water table and the high risk of earthquakes in this region.
Nobody wants radioactive waste in their backyard.
The only reasonable recourse we have is renewable energy, such as wind, solar, ocean waves, hydroelectric and ocean currents. Recent development of Nanosolar films has crossed the performance/ price threshold and now we can literally wrap our homes, offices, schools and factories in Nanosolar films and generate all the power we need. This is where the future is. -
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cookin19411 year, 3 months ago
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i agree!! but one more thing..all oil taken from out of these and other american resorces be for the american public!!not sold to the highest bidder..and as a dem i believe in states rights....a vote should be taken if offshore drilling is to be done
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JoseMadreComment removed: Hard Banned
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Searchbeam1 year, 3 months ago
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n2n,
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That is the sign of intellectual laziness that seems to pervade the entire Republican/NeoCon/Religious Right spectrum.
However, John McCain has the dubious honor of reaching the pinnacle of cerebral rustbelt!
The man just wants to shoot off his mouth, hoping that no one will challenge him!
He may be in for a surprise! Some prominent journalists are waking up to realize that guy is the proverbial Wizard of Oz! All smoke and mirrors, and no substance! -
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bigurn1 year, 3 months ago
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Beau78901 year, 3 months ago
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The difference being support of management vs. support of labor.
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Before anyone calls me a Marxist, I just want to point out that workers' power in the labor market has declined precipitously in the past few decades. Especially since Ronald Reagan's union busting. -
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donald511 year, 3 months ago
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These unions hardly have the access that the repugs gave big oil CEOs at the Cheney Energy meeeting where the minutes are still classified. The unions would not, even under a Dem Congress, have the access to write the Repug Energy Bill like Big opil lobbyists did for the repug Congress.... why Hastert went to a 4 day work week as the big business lobbyists were writing the laws of the land... and screwing most Americans! HMOs and big pharmaceuticals saying seniors can't even negotiate lower drug prices is another example - so Un-American! Foreclosurs, bad loans, bad beef, e coli spinache, salmonella peppers, tainted toys, environmental laws unenforced, business fraud and abuse laws unenforced... the repugs have thrown out so much necessary government oversight its disgusting and will take decades to correct!
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Back to your greedy, materialistic self I see Bigu!
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airwick1944Comment removed: Retracted by user
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GWHayduke1 year, 3 months ago
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Very true, urnie.
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Nearly ALL energy companies are HEAVILY invested in R&D of alternative energies.
Proof positive that the END of fossil fuel dominance is moving forward. Shale extraction is very expensive and difficult, coal is a filthy and inefficient and oil is finite and dwindling every day.
Kinda contradicts the DRILL, DRILL, DRILL, DRILL drumbeat dont you think?
Unless of course you like being on the bottom of the learning curve. -
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quackpot1 year, 3 months ago
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The percent of income that Exxon devotes to alternative research is very very very small. In fact, it is so small the the Rockefellers are making a public statement aimed at getting the management to wake up and spend something on alternative energy.
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Spadecaller1 year, 3 months ago
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"leader in alternative energy research" LOL!
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Exxon Mobil only spent $10 million on renewables .. that's chicken feed. It's a joke to get over on fools stupid enough to believe them.
“I am very angry, frankly, at the oil companies,” presumptive Republican nominee, Sen. John McCain, R-Ariz., said June 12. “Not only because of the obscene profits they’ve made, but their failure to invest in alternative energy to help us eliminate our dependence on foreign oil.”
What a crock! Get the shovel!-
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GWHayduke1 year, 3 months ago
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Exxon spends around $600 million on R & D annually. The percentage of that spent on renewables is questionable and debatable.
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One thing that is not questionable or debatable is that their departing CEO received a $400 million exit bonus in '06, clearly far exceeding any R&D on alternative energy.
However, conscientious energy companies like BP are hedging their bets that future profitability will rely on consumption of clean energy. They have pledged $8 billion over 10 years in academic (Cal-Berkeley, not hired political shills) research in viable sources of energy. -
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Searchbeam1 year, 3 months ago
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The oil sharks are hedging their bets.
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When fossil oil supplies start dwindling, they want to catch the next wave of renewable energy and make filthy profits there, too!
That is how monopolies are created and perpetuated! Sort of economic dynasties!
A who*e by any name is still a who*e!
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J_Angel1 year, 3 months ago
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What about using water to turn it into HHO? This technology has been around for over 100 years and with the power of the internet, you can get the information without the media destroying the TRUTH.
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A hydrogen fuel cell was invented by Stan Meyer who was killed a few years ago and they took his car that ran on 100% water.
Go to http://www.waterpoweredcar.com/ and click on his link to see the story. His system would have cost $1500 to convert any car into a 100% water burning hybrid.
You can get the plans to install a HHO kit into your car that will save you from 50% or more on gas. This site is on the forefront of this system. http://shmyl.com/xyjqson -
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StillUnashamed1 year, 3 months ago
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I'm amazed by all the hatred of Big Oil. America is built on capitalism which brings certain questions to mind:
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1. Since when is making profit a bad thing?
2. Should there be a limit to the profit a company be allowed to make, and likewise, should there be a limit on how much salary an individual can make?
3. If so, what is that limit? 10%? 100%? 1000%? Where is the line drawn and who draws it?
4. Since Big Oil provides a product essential to our lifestyle, shouldn't we be grateful to them? (Wow, I bet that gets lots of responses!)
5. If one does not like the profit Big Oil makes, the solution is simple: Stop buying gasoline! Move to an area where electricity is produced by hydro-electric plants, close enough to your job to walk or ride a bike, and use EV's for errands. That way, not one penny you earn will go to Big Oil.-
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wtagg1 year, 3 months ago
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I have no problem with big oil.
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I have a problem with them making money off of resources not owned by them. The land is ours, the resource is ours, the profit is ours. They can drill as they please on any land they own or lease. More power to them. -
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Sabretooth1 year, 3 months ago
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"4. Since Big Oil provides a product essential to our lifestyle, shouldn't we be grateful to them? (Wow, I bet that gets lots of responses!)"
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Food , water and medicine are also essential to your lifestyle, i think you should be grateful and pay through the nose for them too.
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anioklyComment removed: Spammer20 Replies
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Spadecaller1 year, 3 months ago
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StillUnashamed
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You are so far out of the loop on this one, that it would better require a third grader to explain the difference between right and wrong to someone like you -- someone who cannot possibly hear, understand, or empathize with the pain middle class Americans are experiencing as a result of unprincpled profiteering from war and exploitation.
Your five points are meaningless in light of the truth and ethics. -
hefaa1Comment removed: Hard Banned
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Tcaros1 year, 3 months ago
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Exxon Johnny (a rebuke of the dumb voter)
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The grand oil party
Johnny wants to drill
for oil in ANWAR
He'll gladly shill
He knows that American voters
are dumb as rocks
When it comes to oil
They couldn't pick a pair of matching sox
So as the Bush Oil Buddies get richer
Johnny will continue the charade
The Keating 5 days were nothing like this
It's bliss
and the dumb American voter will say "Ah, well you know that Obama is a Muslim" -
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Spadecaller1 year, 3 months ago
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In order for a society to remain free and to uphold a constitutional government based on a representative democracy, it requires an educated electorate.
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The corporate dictators of this cournty rely on the ignorance of the masses to stay in power. -
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lloydm651 year, 3 months ago
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I would be through writing this comment,but, I have been laughing so hard at the obanist comments above that I was getting my keyboard wet.I was wondering what most of you do in life.I must assume some of you are Brain surgeons,some must be rocket scientist ,and some of you are great men yet to be discoverd.That must reason you can belittle a man of George Bush's stature.A two term Governor of the largest,And greastest state in america, two term president of united states.I'm just a retired brick contractor who has tried to vote the right way.I did vote for a democrat once,and I was proud to do it.Sadly in my fifty years of voting there never been another one I could even consider
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DeadXXXManXXXTalkin1 year, 3 months ago
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''That must reason you can belittle a man of George Bush's stature.''
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well , man, I guess one has to ask oneself, if George's last name was Lipnickiwicz and not Bush, and he was the son of a mill worker and not a wealthy president, how far would he have gotten in life?
as for belittling George, well I don't engage in that much. He's not really the one calling the shots, he's sort of a prop, like those life-size cardboard cutouts outside a movie. The real power behind the throne even got a much brighter man, General Powell, to go with the program until he realized he was being used as a tool and being made to LOOK like a tool as well -
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Spadecaller1 year, 3 months ago
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And now we have the honor of lloyd who considers him/herself superior to everyone else. LOL. I am sure everyone wants to read your grandiose remarks about GWB, the most despised human being on this planet today. GWB is a drunk who had the misfortune of becoming the most powerful person in the world, and consequently the world is suffering greatly for it. But of course, the small group of neocons that represent a speck of the world's population, think they are superior and more important than the rest of us mere mortals. We have all heard that tune before. I wonder when that was...
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slate1 year, 3 months ago
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It seems to me that once these ‘alternative’ sources come on line that they will create BIG Corporations that make MEGA profits, most likely much higher than the 8% that big oil has. They will also contribute to political campaigns to promote their interests, as all business does. Will you go after them as well?
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T Boone Pickens will make billions on Big Wind, but that doesn’t seem to bother the same people that hate Exxon and the other oil companies.
What about the insane profits that big bottled water makes and all the plastic bottles they are packaged in? What about all the ‘profits’ big computer makes and so on? What about the big profits big Al makes on Big Coal?
Yeah I know that’s different, because they are someone that you ‘agree’ with.-
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Searchbeam1 year, 3 months ago
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slate,
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The big difference is between renewable sources of energy and fossil fuel.
T. Boone Pickens may make tremendous profits on wind and other renewable energy, but he is absolutely right when he says that currently, we are shifting $700 BILLION of our wealth every year to oil cartel nations, and that is the most obscene and unprecedented transfer of wealth the world has ever seen.
There is nothing wrong with making a profit. In fact, that is the best motivator for hard work and ingenuity. It is when you add political corruption in the equation that makes it obscene. Corrupt lawmakers feeding at the trough of corporate feed lot is what has created the current economic disaster, combined with an illegal and immoral war that has robbed our country of over 1 Trillion dollars and made us a beggar nation!
I would not pick bones with T. Boone Pickens. My disgust is directed towards the ExxonMobils of this world.
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Thatwasjank1 year, 3 months ago
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Does anybody happen to know the figures on how much taxes Exxon paid out in 2007??????
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Answer: 33 billion dollars. And no thats not a typo. Its easy to point a finger at oil company's cause right now its record prices so yeah lets blame them cause well frankly its easy. Instead of fixing the problem lets windfall profit tax these companys so we can ruin 80% of everyone 401k plan and retirement funds. Its amazing that oil companies profit is roughly 7.2 cent for every dollar made, Microsoft 28 cent every dollar made. Notice the lack of a decimal point. Democrats think the average voter is a moron thats why they dont explain the difference between profit margin and a profit. Get real people the US goverment makes more per gallon than the freaking oil company. But since they (US gov't) has done such a wonderful job with schooling, social security, and everything else they've touched lets go ahead and let them run our oil market too. HAHAHAHAHAHAAHAHAHAHAHA Quit listening to CNN and the big 3 news shows (abc,cbs,nbc) and get off your butts and do real research and think for yourselves.
http://seekingalpha.com/article/63131-exxon-s-2007-tax-bill-30-billion-
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wtagg1 year, 3 months ago
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The companies don't actually absorb the taxes they pay to the government. They pass them on as part of product cost to the consumer of those products. So, your analysis is flawed in that respect.
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If you want to argue that taxing them will just add to the cost of the product, then that's would probably be much more akin to what actually happens.
Did you get your info from a talk show entertainer? They tend to leave out these types of details. -
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GWHayduke1 year, 3 months ago
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Jank,
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Exxon's balance sheet and income statement are available to the public.
Your information is wrong.
Oil companies 'product' belongs to the citizens of the US who pay taxes to upkeep the public lands they drill on.
Microsoft makes their product.
Your understanding of the energy sector is remedial at best. -
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Beau78901 year, 3 months ago
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Exxon paid an effective tax rate of 7.5% on its revenues last year, according to its annual report.
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You can download a PDF of it here:
http://www.scribd.com/doc/3549801/EXXON-MOBIL-CORP-2007-ANNUAL-REPORT
I'd like to pay that percentage of income when I pay taxes.
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saneman1 year, 3 months ago
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Come on people, nobody can surely be surprised by any of this, can they? This has been happening for decades if not centuries. Most people live in la la land, because they see people with lots of money and they are told that one day they will also have lots and lots of money, and the amazing thing about it, is that they actually believe it. For example, InventHelp tells people with worthless inventions that all they have to do is spend $20,000 and they will make $millions in return off their worthless inventions. As a result, InventHelp makes $50 million per year off these suckers. Instead of getting rich, they only dig themselves deeper holes in debt.
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