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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:10,169 Points:593,750 Joined:Nov 2008	Message Posted: Mar 12, 2010 9:45:22 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:426,370 Joined:Mar 2008	Message Posted: Mar 12, 2010 10:34:45 AM Ignore LetemEatCake Report Abuse NHLiveFree... Well said on Obama...and awesomely funny too!
NHLiveFree Champion Author New Hampshire Posts:3,793 Points:631,985 Joined:Jun 2008	Message Posted: Mar 12, 2010 1:10:50 AM 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:547,535 Joined:May 2007	Message Posted: Mar 11, 2010 10:53:34 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:1,970 Points:527,785 Joined:Oct 2008	Message Posted: Mar 11, 2010 10:41:53 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:426,370 Joined:Mar 2008	Message Posted: Mar 11, 2010 10:25:25 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:1,952 Points:172,825 Joined:Oct 2009	Message Posted: Mar 11, 2010 9:57:14 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 9:29:42 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:956 Points:263,375 Joined:Sep 2009	Message Posted: Mar 11, 2010 7:53:34 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:691 Points:91,620 Joined:Nov 2008	Message Posted: Mar 11, 2010 7:36:50 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:7,919 Points:1,111,885 Joined:May 2004	Message Posted: Mar 11, 2010 7:33:59 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:5,154 Points:1,636,695 Joined:Mar 2003	Message Posted: Mar 11, 2010 6:48:04 AM Ignore MightyDude Report Abuse aka gathering of leaches & con-artist ;)
RichardoB Champion Author Fayetteville Posts:2,777 Points:1,029,535 Joined:Jun 2007	Message Posted: Mar 11, 2010 6:47:46 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:2,602 Points:556,850 Joined:Nov 2008	Message Posted: Mar 11, 2010 6:40:32 AM Ignore fightbigoil71 Report Abuse What else would you expect from the execs?
fillerupyeoww All-Star Author Columbus Posts:769 Points:636,960 Joined:Mar 2008	Message Posted: Mar 11, 2010 6:39:08 AM Ignore fillerupyeoww Report Abuse Chortle?
tc316 Champion Author Twin Cities Posts:3,864 Points:749,860 Joined:Apr 2007	Message Posted: Mar 11, 2010 6:38:46 AM Ignore tc316 Report Abuse Consider the source
LeeFree Champion Author Pittsburgh Posts:4,210 Points:1,257,975 Joined:Jun 2005	Message Posted: Mar 11, 2010 6:38:40 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:3,230 Points:1,463,520 Joined:Oct 2005	Message Posted: Mar 11, 2010 6:34:09 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:3,465 Points:771,010 Joined:Aug 2005	Message Posted: Mar 11, 2010 6:32:44 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:1,750 Points:574,780 Joined:Sep 2008	Message Posted: Mar 11, 2010 6:32:27 AM Ignore gasandgoAL Report Abuse saudi charges more for oil than any other nation.
WonderfulMI Champion Author Michigan Posts:5,640 Points:772,750 Joined:Jun 2008	Message Posted: Mar 11, 2010 6:32:16 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:4,424 Points:901,905 Joined:Jan 2008	Message Posted: Mar 11, 2010 6:31:58 AM Ignore rogerparry Report Abuse I guess they are starting to get nervous.
Redink Champion Author Indianapolis Posts:2,263 Points:444,690 Joined:Aug 2005	Message Posted: Mar 11, 2010 6:31:40 AM Ignore Redink Report Abuse Big oil thinks that they own the world and noone else matters.
turbodog Champion Author Mississippi Posts:1,634 Points:353,520 Joined:Feb 2009	Message Posted: Mar 11, 2010 6:31:12 AM Ignore turbodog Report Abuse The smart energy companies are on the forefront for differing energy sources.
timarcos Champion Author Corpus Christi Posts:1,038 Points:252,540 Joined:Jul 2009	Message Posted: Mar 11, 2010 6:29:55 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 6:27:55 AM Ignore dave364 Report Abuse keep drilling
fordfan1 Champion Author Indiana Posts:3,998 Points:877,540 Joined:Jul 2007	Message Posted: Mar 11, 2010 6:26:30 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:2,519 Points:822,765 Joined:Nov 2007	Message Posted: Mar 11, 2010 6:26:28 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:2,685 Points:542,365 Joined:Nov 2008	Message Posted: Mar 11, 2010 6:25:51 AM Ignore nb52 Report Abuse I like the "hydrocarbon denier" phrase...and the sarcasm it intended.
Ringmaster2008 Champion Author Ontario Posts:2,757 Points:480,460 Joined:Apr 2008	Message Posted: Mar 11, 2010 6:24:07 AM Ignore Ringmaster2008 Report Abuse Oil has always had a "me first" attitude.
dar 1 All-Star Author Michigan Posts:913 Points:203,860 Joined:Jan 2005	Message Posted: Mar 11, 2010 6:23:36 AM Ignore dar 1 Report Abuse They do have us by the ba$$.
BazooQC Champion Author Montreal Posts:4,581 Points:641,980 Joined:Oct 2008	Message Posted: Mar 11, 2010 6:23:24 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:4,365 Points:1,210,170 Joined:Sep 2006	Message Posted: Mar 11, 2010 6:23:17 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:3,582 Points:1,148,760 Joined:Oct 2005	Message Posted: Mar 11, 2010 6:21:36 AM Ignore Beboper Report Abuse greed is meeting so forget about renewable energy
gabbygusIN Champion Author Indiana Posts:2,190 Points:559,675 Joined:Oct 2008	Message Posted: Mar 11, 2010 6:21:06 AM Ignore gabbygusIN Report Abuse I agree with subnuke!
katmandue Champion Author Detroit Posts:2,969 Points:1,136,055 Joined:Jul 2006	Message Posted: Mar 11, 2010 6:18:32 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:1,914 Points:885,520 Joined:Sep 2005	Message Posted: Mar 11, 2010 6:17:07 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:2,816 Points:582,945 Joined:May 2008	Message Posted: Mar 11, 2010 6:11:37 AM Ignore mandoid Report Abuse i agree subnuke
RocketGeek Champion Author Grand Rapids Posts:5,418 Points:1,098,385 Joined:May 2005	Message Posted: Mar 11, 2010 6:07:35 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:1,190,850 Joined:Sep 2004	Message Posted: Mar 11, 2010 6:05:57 AM Ignore pitamon Report Abuse I find it hard to believe that oil companies would be against renewable energy.
subnuke Champion Author Atlanta Posts:2,648 Points:535,850 Joined:Sep 2008	Message Posted: Mar 11, 2010 6:00:42 AM Ignore subnuke Report Abuse Renewables have their place, a minor one. Nuclear and clean coal are the choices.
GasholeMI Champion Author Lansing Posts:5,104 Points:724,215 Joined:Jul 2008	Message Posted: Mar 11, 2010 5:58:40 AM 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:8,884 Points:1,717,900 Joined:Sep 2005	Message Posted: Mar 11, 2010 5:58:02 AM 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:4,010 Points:274,150 Joined:May 2004	Message Posted: Mar 11, 2010 5:52:21 AM 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:4,994 Points:1,728,620 Joined:Jan 2004	Message Posted: Mar 11, 2010 5:52:09 AM Ignore cheapertvs Report Abuse Many voices in the room, but not one listens to another.
neptune2008 Champion Author Michigan Posts:3,429 Points:676,650 Joined:Aug 2008	Message Posted: Mar 11, 2010 5:50:05 AM Ignore neptune2008 Report Abuse we chortle right back!
PADI Champion Author Ontario Posts:1,237 Points:490,125 Joined:Nov 2008	Message Posted: Mar 11, 2010 5:48:37 AM 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:9,899 Points:1,440,510 Joined:Oct 2005	Message Posted: Mar 11, 2010 5:47:16 AM Ignore BoerneWatch Report Abuse Consider the source.
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:6,281 Points:591,480 Joined:Feb 2004	Message Posted: Mar 11, 2010 5:44:18 AM Ignore Tru2psu2 Report Abuse Robbin' Obama and his band of Merrymen!