No Offshore Drilling – #3

July 31, 2008 · Posted in Domestic Policy, Election 2008 

Highway 1 in the moonlight
Third of the daily postings of images of California shores, untainted by the fingers of Big Oil.

The news that Exxon/Mobil raked in $1,485/second for the entire second quarter of 2008 should spark a loud national dialogue about the control that the Big Oil companies have over our economy, our quality of life, and yes, our environment. Not only was Exxon/Mobil given a huge pass over their destruction caused by the Exxon Valdez, now they are trying to reverse-spin the story with this nonsense:

Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest profit from operations ever by any U.S. corporation, but the results were well short of Wall Street expectations and its shares slumped 3 percent.

The expected takeaway that we’re all supposed to accept is that hey, they made a lot of money but were EXPECTED to make more, so they really didn’t make all that much because they could have potentially made much, much more.

It’s a little like saying that the Bush Administration could’ve killed detainees, but since they only tortured them it’s okay.

John McCain has wrapped his arms around the oil companies and planted a big, sloppy kiss on their foreheads. If he were to be elected, you can count on more nonsense like this, and scenes like the one above will have the added bonus of a few oil platforms in the distance, lighting the night as bright as that moonrise.

Sphere: Related Content

Comments

  • bbluesman
    The oil companies are the best at "spinning." Must be there proximity to slick substances,. I saw a CEO from one of the majors on Larry King recently. He kept on emphasizing that while it sounds like a lot of money they're making, their exploration and R&D costs are really high...
  • I saw that show too, and thought it was some of the most obscene spinning I'd ever seen. Appallingan even.

    These photos are my way of unspinning their crap. I will post them every day until I'm confident that this idea of destroying our coast is dead.
  • bbluesman
    I'm sure the oil companies do spend a lot on R&D and I'm sure their
    high-paid well connected CPA's have lot's of fun defining that and spinning
    that. Good old free enterprise-free to those enterprising enough to be
    bankrolling politicians.
blog comments powered by Disqus