Tag Archives: Exxon

One of the hidden job-killing methods of our government

This is sad and takes place all over the country.  See Exxon fighting regulatory “pirates” in Gulf of Mexico.  While pretending to be pro-drilling, this is what happens behind the scenes.  It is costly and damaging for all of us, via higher energy costs, lower tax receipts, more dependence on the Middle East, higher welfare costs and the unemployment it causes.

ExxonMobil, and its Norwegian partner Statoil made the biggest discovery of all — a field worth a billion barrels of oil — 7,000 feet below sea level in its “Julia” field in 2007.

. . . Instead of marvel at the continuing treasures of the New World, or hail the human ingenuity that made retrieval of so much oil possible, or simply quantify how this discovery will boost U.S. energy security, Interior Department bureaucrats moved instead to snatch Exxon’s permits and shut the whole thing down.

Employing an extreme technicality, these regulators claimed that Exxon’s request in 2008 for a short suspension of activity to upgrade and make safer its drilling operation amounted to an abandonment of three of its five permits, simply because Exxon hadn’t signed a contract with another partner, Chevron, by the time the suspension was completed. …

Exxon is now fighting the permit action in a federal court in Lake Charles, La., calling it “arbitrary,” “capricious” and “an abuse of law.” It’s also a textbook case of the anti-business climate fostered by the Obama administration which should be bending over backward to help Exxon create jobs and profits.

So let’s look at what the Obama administration is trying to accomplish, and what it’s costing you as a result.

Well, it’s going to cost us jobs in the Gulf, and not just there, either.  As IBD points out, drilling requires a lot more support than just people working on the rig.  The rigs have to be built, and then the heavy machinery has to be manufactured — “in places like Youngstown, Ohio,” at a steel plant that makes the pipes for the rig.

So killing the project means killing those jobs, which means less tax revenue for Uncle Sam,  And speaking of revenue, let’s not forget that Exxon would have to pay taxes and royalties on production, with revenue reaching into the billions.  Wouldn’t that help us out with our fiscal troubles in Washington, at least in some small measure?  You bet it would.

 

Capitalism even helps the religion of global climate change

For the sake of discussion, assume that we are completely convinced that human-driven CO2 emissions must be reduced and that we, as a society, are willing to spend some of our limited funds for that.  Key word: Limited.  (If you can make the case that we have unlimited resources I’d like to hear it). 

If that is the case, wouldn’t it be logical to ask which programs are most cost-effective in reducing emissions?  Courtesy of Forbes Magazine, consider this disparity in the cost per ton of avoided CO2:

A. The Cash for Clunkers program — $1,700

B. Subsidizing electric cars — $250

C. Pay an electric utility to reduce coal consumption by burning clean natural gas — $20

Unless you like spending 10 times or upwards of 100 times as much as you have to for something, I’d encourage you to go with the last option.  You won’t release as many endorphins and get as much press, but you’ll be doing the right thing.

Weekly roundup

cross1.jpgNow here’s a good evangelism idea – give out CD’s with your favorite sermon(s) containing the Gospel.  CDs are cheap – what are they, like 10 cents each these days?  Burn a bunch and put ’em in your trunk.  Also check out the Pocket Testament League where you can get free Gospel of John tracts to pass out.

This seemed like a good idea at the time.  After hearing a show on Apologetics.com about Saint Augustine I figured I should read City of God.  It is a mega-classic Christian book by the most influential Christian outside of the Bible.  Just one little problemo: It is 1,091 pages.  D’oh!

Exxon ain’t so bad – at least they aren’t politically correct.  I used to work for a Fortune 50 company and they bowed down to the GLBTQ lobby.

Intellectuals lie, the powerless die – non-violence is a great route for individuals to take in most situations.  It rarely stops evil regimes.  Lots of liberal ink has been spilled without success in solving pre-war Iraq’s violence and that of Zimbabwe, Darfur, Tibet and the recently released hostages.

Know of any good “end times” blogs or websites?  Leave a comment.  Total Transformation was looking for them.  I know of some bad ones.  Seriously, I haven’t written much on that or researched it much lately.  I did do one piece on The Book of Revelation in 5 easy minutes.

If the Book of Mormon contains the “fulness of the everlasting gospel,” why doesn’t it say anything about so many important teachings such as eternal progression, celestial marriage, the Word of Wisdom, the plurality of Gods, the pre-existence of man, our mother in heaven, baptism for the dead, etc?

Click here for the answer.

Cry Out To Jesus by Third Day – I love this song.  I enjoy playing it on iTunes and strumming along with my guitar.  It makes me think of those who believe Satan’s lies and think they can’t be saved.