By Adam Williams •
November 1, 2008
It was a glorious summer for the giant of oil giants. Record prices for petroleum and so record prices at the pump unsurprisingly have retained ExxonMobil’s righteous crown as the most profitable company in the world: $14.8 billion in profit this past quarter.

According to the New York Times, Exxon has exceeded $10 billion in profit in nine of the last 12 quarters. Earlier this year, in the second quarter, the company posted a then-record profit. In the third quarter, Exxon reaped an increase of nearly 60 percent beyond that, setting yet another record while dropping its production by 8 percent for the quarter.
By Adam Williams •
September 15, 2008
Billboard, television and magazine advertising has been touting green this and green that for a while. I find the ones by companies such as BP and Chevron to be the most questionable, if not outright ridiculous.
In the October 2008 Atlantic magazine, as no doubt in many others, BP runs a full-page ad that says, “Investing in America’s most diverse energy portfolio.” It includes little clip art silhouettes for an oil drop, a gas flame, a wind turbine, the sun and a green plant, triggering our cutesy awwww factor. Then it says:
“Oil in the Gulf. Natural gas in the Rockies. Solar in Maryland. Wind in Texas. Biofuels research in California and Illinois. Diversity starts right here. BP is the largest investor in new U.S. energy development. In fact, over the last five years we’ve invested more than $28 billion in U.S. energy supplies.”
They are providing some concrete details for sure. Now is it true? (And, cynicism aside for a moment, if it is, will it do any good?)
By Adam Williams •
September 15, 2008
A print advertisement in the March 1976 National Geographic Magazine shows two 1976 Honda Civics, hatchbacks of somewhat putrid brown and goldish tones.
The headline of the ad says, “Highest mileage or lowest price. The 1976 Honda Civics.”
A chart in the ad says that the average sedan or hatchback with a manual 4- or 5-speed transmission (costing only $2,729) reached EPA estimates of 43 miles per gallon on the highway, 32 in the city and 36 mpg combined.
And where are we today? What has happened in 32 years of American “progress,” “advancements in technology” and “economic growth” (well, until these last several years)?
By Adam Williams •
September 8, 2008
T. Boone Pickens, billionaire Texas oil man, has been pushing his come-to-Jesus revelations in television — and YouTube — commericals lately. Which is to say, he’s figured out there’s money to be made, and an energy independence to be had, in alternative energies.
Some may question Pickens’ motivations and his methods of doing business with the Pickens Plan. I admit I could learn more about those aspects of Pickens. But as I do so, I’m writing now of my early impressions of the man, and why I am glad to see his face on T.V.
Nothing is more precious to general America than money. So money, profits, wealth accumulation, etc. has to be part of the process of converting people from any one way of life to any other way of life. Sense and science just aren’t enough for a significant, influential, voting portion of the public.
Thursday night was Barack Obama’s night, and when he delivered his magnificent capstone speech, he hit one out of the ballpark with the bases loaded.
But former Vice President Al Gore was on fire.
By Adam Williams •
August 14, 2008
The New York Times’ Thomas L. Friedman sent a postcard from Copanhagen recently.
In an Aug. 9 op-ed column titled “Flush with Energy,” Friedman drew a stark contrast between America’s energy policy and that of Denmark.
That the United States – the all-powerful, lone (for now) superpower – can so easily be trumped by little Denmark is shameful.
It only adds salt to the wound that so many foolish, ignorant and willfully oblivious Americans still insist that they live in the “Greatest Nation on Earth” despite so many shortcomings, such as displayed by this stay-the-course mentality that leaves us in the energy policy dust of forward-thinking nation’s like Denmark.