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Big Oil Bites Back
IBD Editorial ^ | May 28, 2009

Posted on 05/28/2009 9:18:49 PM PDT by Kaslin

Companies: After an all-out war on oil companies from the left in recent years, it bodes well for the future to see Big Oil now recognizing the attack it's under and its duty to fight back. Witness Chevron and Exxon Mobil.


Shareholder meetings can be pro forma affairs, but not for major oil companies, which have become a lightning rod for the anti-corporate sentiment gaining traction in U.S. political life since around 2006.

Wednesday, Chevron was descended upon by a zoo-full of San Francisco leftists pushing rain forest sentimentalism, Burma, and other pet causes dear to the no-soap crowd. They journeyed all the way to San Ramon, Calif. to shout "Shame on you!" and "No blood for oil" and worse yet to make demands on the company.

Among them, a vociferous crew calling on Chevron to settle quickly with an Ecuadorean activist group with a guerrilla-like name: El Frente de Defensa de la Amazonia.

El Frente has a $27 billion pollution lawsuit against Chevron. Its case is worthless. Chevron hasn't operated in Ecuador since 1992 and got a clean bill of health from Ecuador in 1998. Any pollution now is a product of Ecuador's mismanaged state oil company.

But that hasn't stopped the formidable publicity machine that's roped in the gullible media covering this case. The new demand, echoed in the press, is for Chevron to "settle" with El Frente.

Meanwhile, over at Exxon Mobil, the issue is why the company can't go "green." Another throng of activists tried to coax the company into scrapping its global leadership in oil production and instead to turn itself into genteel green farmers, tending corn and sugar and switchgrass in the name of biofuels.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS: 111th; bhoenergy; bigoil; chevron; ecuador; energy; exxon; hippies; leftists; protestors; shareholders; xom

1 posted on 05/28/2009 9:18:49 PM PDT by Kaslin
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To: Kaslin

we need to defund the left if we ever get power back, I am totally serious


2 posted on 05/28/2009 9:26:16 PM PDT by GeronL (http://libertyfic.proboards.com <----go there now, NOW)
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To: GeronL

“Defund.”
By all means.
Particularly if our definition of “fund” is broad and inclusive.


3 posted on 05/28/2009 9:30:40 PM PDT by karnage
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To: GeronL

WHEN we get power back we should make the general and mostly sane public aware of the nutzoidness of the liberals.


4 posted on 05/28/2009 9:30:55 PM PDT by madamemayhem (what would john wayne do?)
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To: GeronL

Defund the left. What a gentle soul you are. I’m ready to defund the left - one bullet at a time.


5 posted on 05/28/2009 9:31:01 PM PDT by Uhaul (Time to water the tree of liberty...)
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To: GeronL

“If” is the key word. But I predicted this would happen


6 posted on 05/28/2009 9:33:10 PM PDT by Kaslin (Acronym for 0bama: One Bad Ass Mistake America)
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To: Kaslin

Die the oil green and call it good


7 posted on 05/28/2009 9:34:36 PM PDT by woofie
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To: Uhaul

one bullet at a time.
heck we need machine guns, one bullet at a time would take centuries.


8 posted on 05/28/2009 9:53:00 PM PDT by genghis
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To: GeronL

“...defund the left...”

###

Ironically, the Left is funded largely by the old money of that unparalleled creator of wealth: dirty old capitalism. It is the spoiled, self-righteous and summarily unaccomplished heirs of rolled-up-sleeves American businessmen that have misdirected honestly generated welath into diseased Leftist causes.

Similarly, queers infest many of the most beautiful American cities built originally, and made attractive and liveable by that same honest hard work ethic.


9 posted on 05/28/2009 9:57:28 PM PDT by EyeGuy
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To: Kaslin

I am glad to see this happening. These greenies or whatever they are should be exposed for all to see just who and what they are and it’s not to help the planet.

Kind of like what you see in the WH now. A professional community organizer who has no idea of what he is doing.


10 posted on 05/28/2009 10:17:43 PM PDT by freekitty (Give me back my conservative vote.)
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To: GeronL
"we need to defund the left if we ever get power back, I am totally serious"

Hah! That's what the 1994 GOP congress critters said, before they got elected.

Result? Not one leftist entity (NPR, Arts, Dept of Educ, etc) defunded. And what about the death tax, term limits, etc...

In the long run, most of them turned out, by 2004, to be greedy RINO wimps.

11 posted on 05/28/2009 11:03:12 PM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: genghis

Not really. I could get my share in an hour or so.


12 posted on 05/29/2009 2:55:57 AM PDT by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
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To: Kaslin
I'd like to see one of the biggies really up the ante. Take a state that goes out of it's way to make life hell for an oil company to do business in and coincidently full of Obamorons, maybe........say California!?

Announce publicly, " ...you know you're right, we are evil, we are destroying the envirnment in your state. Therefore, effective immediately, we will no longer sell or distribute gasoline in California"

If the other biggies were smart, they wouldn't "cross the picket line as it were"

Then sit back and enjoy the hysterical hypocracy.

13 posted on 05/29/2009 4:25:46 AM PDT by wny
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