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Saturday, June 12, 2010

Big Oil

Much of our media and public education k- thru college, are sponsored by the oil industry. The industry is the largest profited industry in world history. However, as Senator Bernie Sanders from Vermont states regularly, last year in 2009 "Exxon Mobile paid no U.S. taxes last year, but also recieved a tax refund of $156 million dollars." Most of the public does not know how billions of public tax dollars subsidize this industry on an annual basis for exploration. Oil companies profits are so large their profits are often measured by the minute. It has been said that a major oil company makes around the ball park of say 50 thousand dollars per minute.

Many documentaries and youtubes are beginning to show just what these heavily lawyered companies have been getting away with in addition of course to the BP Oil Disaster in the Gulf of Mexico.

Who it affects: All human health, wildlife, entire ecosystems. Stockholders. As in contamination of our water, air, and economy in terms of subsidies and markets, and wars.

Good Guys: Many organizations fight to keep the oil companies accountable. These are NRDC, Environmental Defense Fund, Sierra Club etc. Ring of Fire Radio/ Greg Palast BBC Investigative Reporter Amazon to Arctic Oil investigation. Vote Vets.org

Bad Guys: The culture of the oil companies may be portrayed as responsible in the media they sponsor, however ask the natives of Equador, Nigeria, Gulf Coast

Further Information (drag your mouse over titles below for links):

Audio, Books & Articles : The Tyranny of Oil Antonia Juhasz youtube EXXON Essay

Documentaries:

Crude- The Real Price of Oil
A Crude Awakening

Gasland- how fracking is causing water to become so contaminated while drilling for natural gas that it is making water flammable.

Action Groups:

Gasland Action group  Vote Vets.org

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