Recent Posts
Hydrofracking provision in Congress – Another process foul
A few weeks ago, I talked about my disappointment with Congress for sneaking the so-called “transparency” provision into the Financial Regulatory Reform Bill. It appears Congress has done it again. At the eleventh hour, without any debate or committee markup, Senate Majority Leader Harry Reid slipped language into the Senate energy bill last week (page 404 of the 409-page bill) targeting hydraulic fracturing.
Why excessive taxes on so-called “big oil” are a big mistake
We announced our second quarter earnings yesterday, and afterward I talked with some reporters not only about our financial performance, but also about some of the key policy issues affecting our industry. The main item of discussion concerned current tax proposals that could be seriously damaging both to the U.S. oil and gas industry and the economy in general.
The next generation of women leaders
For the past several weeks, 26 women leaders from around the world have been in Washington, D.C., taking part in the Global Women in Management Program put on by the Centre for Development and Population Activities and supported by ExxonMobil. At first glance, a program like this appears to have nothing to do with the oil and gas industry. But in many of the countries where we work, there can be substantial challenges in regard to economic and social development.
A conspiracy theory missing the facts
On Monday, the London Times published a story that had all the elements of a good conspiracy — except for the facts. In a front-page story with the alarmist headline “Oil giant gave £1 million to fund climate skeptics,” they repeated the tired theory that ExxonMobil is funding climate change skeptics, implying that we are at the hub of a vast global conspiracy. The basis for this claim? Our support for a list of organizations that the reporter chose to omit from the story.
