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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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raleightom All-Star Author Raleigh Posts:765 Points:215,710 Joined:Nov 2007	Message Posted: Mar 11, 2010 5:45:56 AM 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:6,763 Points:630,105 Joined:Feb 2004	Message Posted: Mar 11, 2010 5:44:18 AM Ignore Tru2psu2 Report Abuse Robbin' Obama and his band of Merrymen!
Ltdc Champion Author Long Island Posts:2,387 Points:724,795 Joined:Jul 2007	Message Posted: Mar 11, 2010 5:43:59 AM Ignore Ltdc Report Abuse What did you expect them to say: "Great idea! I hope you put us out of business!"
BBHybrid Champion Author Pittsburgh Posts:2,623 Points:528,455 Joined:Aug 2008	Message Posted: Mar 11, 2010 5:43:19 AM Ignore BBHybrid Report Abuse pursue all forms of energy
Bpers2001 All-Star Author Seattle Posts:735 Points:104,070 Joined:Nov 2009	Message Posted: Mar 11, 2010 5:39:21 AM Ignore Bpers2001 Report Abuse Of course they "chortle," as they don't want to see any research and development into alternative, renewable resources.
FMREALTOR Champion Author Florida Posts:1,662 Points:761,645 Joined:Jan 2007	Message Posted: Mar 11, 2010 5:36:08 AM Ignore FMREALTOR Report Abuse Just get rid of entanol.
ArmydudeNC Champion Author North Carolina Posts:3,205 Points:403,125 Joined:Jul 2009	Message Posted: Mar 11, 2010 5:31:22 AM Ignore ArmydudeNC Report Abuse Big Oil doesn't want to lose their stake so of course they'll talk down anything that doesn't use oil.
stpetebp Champion Author Tampa Posts:2,935 Points:844,890 Joined:Nov 2007	Message Posted: Mar 11, 2010 5:27:13 AM Ignore stpetebp Report Abuse Its a start.
Metro Man Champion Author Flint Posts:1,991 Points:1,048,725 Joined:Sep 2003	Message Posted: Mar 11, 2010 5:27:11 AM Ignore Metro Man Report Abuse This is not the cure all, but it will help.
moody4u Champion Author Cincinnati Posts:2,989 Points:577,075 Joined:Oct 2008	Message Posted: Mar 11, 2010 5:23:24 AM Ignore moody4u Report Abuse Wegman hits it out of the park!
connbrown Champion Author Corpus Christi Posts:1,517 Points:361,175 Joined:Apr 2009	Message Posted: Mar 11, 2010 5:10:47 AM Ignore connbrown Report Abuse wegman i like what you said!
fratt Champion Author Grand Rapids Posts:4,949 Points:1,671,205 Joined:Jul 2005	Message Posted: Mar 11, 2010 5:07:33 AM Ignore fratt Report Abuse I agree with computernut2008.
ED6 Champion Author Riverside Posts:5,149 Points:1,000,710 Joined:Jul 2007	Message Posted: Mar 11, 2010 5:07:09 AM Ignore ED6 Report Abuse Renewables helps but it's not the answer. We still need the fossil fuel.
silverfox63 Champion Author Michigan Posts:3,354 Points:670,720 Joined:Oct 2008	Message Posted: Mar 11, 2010 5:06:32 AM Ignore silverfox63 Report Abuse It seems like big oil dictates what happens in Washington any more.
HawaiianGuy Champion Author Idaho Posts:4,606 Points:2,113,420 Joined:May 2003	Message Posted: Mar 11, 2010 5:05:36 AM Ignore HawaiianGuy Report Abuse Wegman, you go!
harleydoctor Champion Author Kansas Posts:2,490 Points:965,955 Joined:Sep 2005	Message Posted: Mar 11, 2010 5:03:01 AM Ignore harleydoctor Report Abuse Very interesting and contradicting.......
Fitwit Champion Author Stockton Posts:2,083 Points:454,220 Joined:May 2009	Message Posted: Mar 11, 2010 5:00:11 AM Ignore Fitwit Report Abuse Watch out Mr Obama, you can't fool all the people all the time.
jimraehl Champion Author Utah Posts:2,187 Points:670,615 Joined:Sep 2008	Message Posted: Mar 11, 2010 4:56:02 AM Ignore jimraehl Report Abuse Renewables are fine, but free energy is free energy. http://www.cheniere.org
BigDogOH Champion Author Cincinnati Posts:3,547 Points:832,390 Joined:Mar 2008	Message Posted: Mar 11, 2010 4:49:22 AM Ignore BigDogOH Report Abuse Agian, wegman said it all
Eichhornchen Champion Author Detroit Posts:2,737 Points:534,865 Joined:Feb 2009	Message Posted: Mar 11, 2010 4:44:52 AM Ignore Eichhornchen Report Abuse Hydrocarbon deniers? This is supposed to be science, not religion. Science requires evidence, not faith.
greywolves Champion Author Las Vegas Posts:4,111 Points:1,528,970 Joined:Dec 2004	Message Posted: Mar 11, 2010 4:40:55 AM Ignore greywolves Report Abuse mulva has grasped reality by the throat.
packards42 Champion Author Washington Posts:1,675 Points:305,305 Joined:Feb 2005	Message Posted: Mar 11, 2010 4:38:00 AM Ignore packards42 Report Abuse I think cheap wind power is the correct answer but at 18 to 20K $$$ for 10KW unit then the tower and inverter it can slip in the 30K range, I not sure the payback is there yet. It seems to me the Wind turbines are over priced about 50%, they pricing then to only break even after 8-10 years. We need a better incentive.
HA4CNN All-Star Author Toronto Posts:991 Points:596,340 Joined:Dec 2006	Message Posted: Mar 11, 2010 4:37:26 AM Ignore HA4CNN Report Abuse There is still a lot of oil and natural gas around and a lot to be discovered.The Key is to make more efficient use of the energy we use today and in time alternatives will present them selves.
Sam195 Champion Author San Bernardino Posts:3,225 Points:620,325 Joined:Oct 2008	Message Posted: Mar 11, 2010 4:32:28 AM Ignore Sam195 Report Abuse These fat cats should look at all the hybrids selling these days. That is the future.
wegman Champion Author Twin Cities Posts:2,923 Points:1,128,730 Joined:Jun 2001	Message Posted: Mar 11, 2010 4:23:13 AM Ignore wegman Report Abuse While these guys have an agenda, it is NOT good when the President of the United States, the leader of the free world, is so openly marked. However, with the Current Occupant we have the most mockable incompetent since a Peanut Farmer from Georgia held the office. It is not good when a President holds on to an ideology that makes no sense. The Great Mistake of 2008 is doing long-term damage to the nation.
EcoVore Champion Author Los Angeles Posts:2,124 Points:330,995 Joined:Jun 2008	Message Posted: Mar 11, 2010 4:20:32 AM Ignore EcoVore Report Abuse Oil execs so full of hot air that it might just turn those windmills.
cutcheese Champion Author Pennsylvania Posts:7,438 Points:1,414,875 Joined:Jun 2006	Message Posted: Mar 11, 2010 4:16:22 AM Ignore cutcheese Report Abuse Obama may promote renewables but his reelection is fueled by big oil. Just like any other politico, he/she says what you want to hear and does what they need to be reelected.
1fulltank Champion Author Buffalo Posts:3,005 Points:580,875 Joined:Nov 2008	Message Posted: Mar 11, 2010 4:12:39 AM Ignore 1fulltank Report Abuse They should use their "addresses" to realize we need two things; 1) independence from foreign oil, 2) affordable, energy (clean).
spiderjay Champion Author Little Rock Posts:2,250 Points:582,555 Joined:Oct 2005	Message Posted: Mar 11, 2010 4:05:43 AM Ignore spiderjay Report Abuse renewable is good as long as it dont cost us a mint
kriketgirl Sophomore Author Michigan Posts:104 Points:338,000 Joined:May 2009	Message Posted: Mar 11, 2010 3:59:03 AM Ignore kriketgirl Report Abuse It can't hurt to use renewable sources. Who will have the last laugh?
twobroke61 Champion Author Michigan Posts:3,453 Points:623,060 Joined:Sep 2008	Message Posted: Mar 11, 2010 3:55:03 AM Ignore twobroke61 Report Abuse they will praise anything that they want but it should be what the people want and that is jobs first Washington is way out of control and so are the politicians
findcheap Champion Author Los Angeles Posts:4,668 Points:1,034,665 Joined:Apr 2007	Message Posted: Mar 11, 2010 3:19:04 AM Ignore findcheap Report Abuse defending their own interests
pbc2001 Champion Author Dallas Posts:2,311 Points:416,430 Joined:Feb 2009	Message Posted: Mar 11, 2010 3:13:31 AM Ignore pbc2001 Report Abuse Who knows what tomorrow will bring.
speedys Champion Author Utah Posts:2,101 Points:1,584,070 Joined:Nov 2005	Message Posted: Mar 11, 2010 2:53:49 AM Ignore speedys Report Abuse Say it again "computernut2008".
N5EXY All-Star Author Austin Posts:584 Points:536,175 Joined:Jul 2004	Message Posted: Mar 11, 2010 2:43:46 AM Ignore N5EXY Report Abuse Wind farms and solar panels up the landscape and alter the habitat for wildlife. Sooner or later the greenies will take exception and side with the oil companies. Imagine that.
jay4 Champion Author Colorado Springs Posts:5,792 Points:1,326,080 Joined:Apr 2006	Message Posted: Mar 11, 2010 2:40:25 AM Ignore jay4 Report Abuse May we all live long enough to watch them eat their smug words.
outlaw329 Champion Author Austin Posts:2,796 Points:463,120 Joined:Aug 2008	Message Posted: Mar 11, 2010 2:33:55 AM Ignore outlaw329 Report Abuse I agree with you computernut2008
RENEGADEGAS Champion Author Missouri Posts:7,683 Points:620,155 Joined:Jul 2008	Message Posted: Mar 11, 2010 2:33:08 AM Ignore RENEGADEGAS Report Abuse computernut2008...well said.
ItisAJeepThing Champion Author Tucson Posts:11,625 Points:1,176,130 Joined:Oct 2006	Message Posted: Mar 11, 2010 2:33:02 AM Ignore ItisAJeepThing Report Abuse Conserve OIL and GASOLINE. Conserve PLASTIC. Conserve ELECTRICITY. Recycle ALUMINUM, PLASTIC, PAPER and TIN CANS. Drink ETHANOL.
TPlayer All-Star Author Fort Wayne Posts:576 Points:140,010 Joined:Jan 2010	Message Posted: Mar 11, 2010 2:32:27 AM Ignore TPlayer Report Abuse Of course the oil execs are going to trash renewable... they are only worried about their wallets... the Obama admin only cares about renewable... A novel idea, pursue all forms of energy... If every house had solar panel roofs, a small windmill and geo-thermal taking care of most of the needs of each home, that frees up all kinds of energy for other stuff... the current generation in power is as stupid and greedy as it gets...
BobD2009 Champion Author Long Island Posts:1,922 Points:266,610 Joined:Apr 2009	Message Posted: Mar 11, 2010 2:24:52 AM Ignore BobD2009 Report Abuse I hear all this praise about renewable energy year after year. Where is it?
OnTheWater All-Star Author Orange County Posts:719 Points:219,365 Joined:Nov 2009	Message Posted: Mar 11, 2010 2:15:21 AM Ignore OnTheWater Report Abuse So if everyone used alternative energy and stopped using oil this would help our planet?????
computernut2008 Champion Author Ohio Posts:1,666 Points:402,190 Joined:Oct 2008	Message Posted: Mar 11, 2010 2:14:01 AM Ignore computernut2008 Report Abuse The thing that needs controlled is the politicians.There are way out of control trying to control us..I am sick of it myself
GMVAN Champion Author Calgary Posts:1,830 Points:429,030 Joined:Apr 2009	Message Posted: Mar 11, 2010 2:07:30 AM Ignore GMVAN Report Abuse Will it save the planet if we use less oil?
RENEGADEGAS Champion Author Missouri Posts:7,683 Points:620,155 Joined:Jul 2008	Message Posted: Mar 11, 2010 2:06:47 AM Ignore RENEGADEGAS Report Abuse Hussien looks as much like a monkey as gore on this. Both have quickly become a global laughing stock. It really embarrassing as an American to have this type of representation.
14of45SSR Champion Author Saskatchewan Posts:2,117 Points:475,255 Joined:Dec 2008	Message Posted: Mar 11, 2010 1:47:13 AM Ignore 14of45SSR Report Abuse No such thing as Climate Change...it is Mother Natures Natural Cycle...no matter what you do it will still happen!