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Oil, And All That That Implies - by digby

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 11:40 AM
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Oil, And All That That Implies - by digby
Oil, And All That That Implies

by digby


If anyone still wonders why we are mired in military actions in the middle east this offers a big clue:

Earlier this week, the President announced that the U.S. would unilaterally impose sanctions on Libya because the continued violence there poses an unusual and extraordinary threat to U.S. national security. Mother Jones reports that the business coalition USA*Engage, which reportedly lobbies for oil giants ExxonMobil and ConocoPhillips, called that approach a failed strategy.

USA*Engage which has also called for the U.S. to remove the travel ban and trade embargo with Cuba feels that unilateral sanctions put U.S. business at a disadvantage. And even though the coalition called Qaddafis violent crackdown profoundly depressing, co-chair Bill Reinsch told Mother Jones that its partners, including Big Oil, play RealPolitik when operating abroad in countries like Libya:

The reality is that the oil in all the nice countries has been exploited already, we cant drill anymore in Norway, Reinsch said. I dont detect any abiding affection for the Libyan government. In the business, you dont have any choices.



USA*Engage wont officially disclose its membership and among large U.S. oil industry corporations, only Halliburton has confirmed that it is a member. Mother Jones notes that the group has also made an effort to shield its powerful members from criticism, which is perhaps why Reinsch tried to disuade Mother Jones from publishing the report. I think it would be better for the story never to come out, he said.

http://digbysblog.blogspot.com/2011/03/oil-and-all-that...
http://thinkprogress.org/2011/03/04/oil-lobbyist-sancti...
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 11:42 AM
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1. K&R! //nt
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MedleyMisty Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 11:56 AM
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2. "In the business, you don't have any choices"
That is why capitalism cannot coexist with life.
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 01:29 PM
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3. Globalization=corporations without borders and laws.
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