EXXON Chief Urges More Drilling

[RestoreGore]

http://www.boston.com/business/globe/articles/2006/12/01/exxons_chief_urges_allowing_more_drilling/

Tillerson scoffed, however, at the idea that wind, solar power, or plant-derived ethanol will substantially replace oil, gas, and coal anytime soon. "Fossil fuels will remain the dominant energy source for the foreseeable future," Tillerson said.

Tillerson also defended Exxon's recent record profits, including $36 billion last year, which are prompting some congressional Democrats to call for windfall profit taxes, which Tillerson called "a terrible idea" that will deter exploration and raise prices.

"We won't make this kind of money forever," Tillerson said, adding that boom-year profits are necessary to sustain long-term investments in oil exploration that can include "a $180 million dry hole in the Gulf of Mexico" Exxon experienced this year.

"If you look at it over 20 years," Tillerson added, "it's kind of an average business."
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An average business. Involved in a business that is killing our planet. How do we beat them if there are NO OTHER CHOICES AT THE PUMP? WHERE ARE THEY? MUZZLED BY POLITICS, that's where they are.
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And it looks like Bush is going to accomodate them:

http://www.nytimes.com/2006/12/04/washington/04bay.html?
ex=1322888400&en=6073e40a4a6be28c&ei=5088&partner=rssnyt&emc=rss
~~~~~~~~
They know as long as they keep the supply up and keep gas cheap now that other energies are being more talked about (which they can afford to do now that they made their killing,) NOTHING will replace it in the near future on a national scale because people only really care about their wallets. I am really beginning to believe that the majority of people in this country really don't give two ***** about this crisis we face. They only use it for political reasons, and I'm sick of it.
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http://www.usatoday.com/money/industries/energy/2006-12-01-exxon-tillerson_x.htm
And Tillerson is getting a 2.8 MILLION bonus and a 17% pay hike to continue to pillage our planet while people sit twiddling their thumbs and using this issue only as an 08 platform. I don't honestly think we have that long at the pace we are going in destroying our Earth.

[KansDem]

1. So does my dentist, but I'm inclined to believe the Dr. more than the CEO

By Peter J. Howe, Globe Staff | December 1, 2006

Exxon Mobil Corp.'s chief executive, making a Boston appearance yesterday, said the best hope for lowering gasoline prices is for federal officials to allow more oil exploration off US coasts and under federal lands and national parks.

Rex W. Tillerson, speaking at the Boston College Chief Executives Club at the Boston Harbor Hotel, said: "It really is supply and demand driven. If you want to bring the price down, you've got to increase supply, and access to our own resources would provide lower-cost supply" that could reduce gasoline prices.

Currently, Tillerson said, government policies ban exploration of areas of the United States containing 31 billion barrels of oil and 105 trillion cubic feet of gas. Companies like Exxon could tap them "safely and with a minimal environmental imprint," Tillerson said, but "what we lack is permission to access them."

"Ours is the only country in the world with major oil and natural gas resources that, as a matter of policy, denies its own citizens the economic benefits of developing and utilizing those resources that belong to its citizens," Tillerson said.

Man, does this song and dance get really old!

[Triana]

2. profit...

...the name of the game. That's all he cares about. If the planet is destroyed - so what. He'll be rich meanwhile and long dead and gone when it's gone and when his kids / grandkids are grown. These cretins don't give a f*ck about tomorrow. Only about getting richer TODAY. By the time they're done destroying this place, money will be worthless.

[KansDem]

4. Exxon Mobile was No. 1 in sales in 2006 ($298,035,000,000)

According to Dun & Bradstreet Business Rankings, Exxon Mobile had sales of $298,035,000,000 for 2006. That put them at the top of the list for "size by sales volume" for that year.

I guess being No. 1 isn't good enough for them...

Edited to add $$$ to subject field.

[RestoreGore]

3. I Cry For This Planet n/t

[nam78_two]

8. Me too/nt

[Javaman]

5. Democrats to call for windfall profit taxes, which Tillerson called "a terrible idea"

This no wonder this guys eyes are brown, he's so full of shit.

If peak oil does anything, I hope it makes their money as worthless as ours will be.

[GreenPartyVoter]

6. lol

[Auggie]

7. Milking every last dime they can out of the ground...