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There are going to be questions about what major oil companies are doing with all of the resources they're accumulating. They can't escape that.
Sep 17, 2025
I'm glad I wrote the book to show what I found out about the [ Standard Oil Company]. I'm glad many people read my book and found out the truth.
It's not terribly fun defending you (oil companies), but I do.
People don't want to change. It's hard for people to change and it's hard for businesses to change. If I was running an oil company, I would be resistant to change too.
The oil companies regard nuclear power as their rival, who will reduce their profits, so they put out a lot of disinformation about nuclear power.
We have a project with Unocal here in Los Angeles, where we as an environmental organization, the oil company, and the state all get together to promote the recycling of used motor oil.
You know how much money the oil companies have? If you need some gas, just go fill your tank off and drive off - they're not going to miss it.
For those of us who worry more about working people than about windfall profits for oil companies, it may net out. A better question is: what does it do to our economy if we manage to overheat the earth? This summer's drought provides a small taste.
I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill.
LTCM lost money when Russia defaulted on a certain class of bonds, and then they had other investments like on the spread between two different kinds of shares of Royal Dutch Shell Oil Company. Now that seems completely unrelated to Russian bonds. But they were related because other hedge funds saw similar discrepancies and they were all making similar bets.
The House okayed the gasoline tax cut, which will increase the deficit, line the pockets of the oil companies, and hurt the environment; Dole said that if there was just some way this could interfere with people's sex lives, it would be perfect legislation.
Why don't those damn oil companies fly their own flags on their personal property-maybe a flag with a gas pump on it.
The real reason we ended up getting into that type of music was our dad worked for an oil company so we spent a year overseas when we were young kids. Because of that, it was all Spanish TV and radio so we ended up having these '50s and '60s tapes, tapes of that music.
Gasoline prices are soaring through the stratosphere, and the Federal Trade Commission, which is supposed to be standing up for the consumer, ought to stop playing footsie with the oil companies and take steps to protect the American people.
Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company. And there was no more damned reason for all these oil companies to buy fertilizer companies, but they didn't know exactly what to do, and if Exxon was doing it, it was good enough for Mobil and vice versa.
It seems that it is only in the United States that an almost masochistic attack on the position of its own oil companies exists.
In 2003... the White House conspired with an oil-company funded think tank to block a major government scientific report that sought to spell out the dangers of climate change to Americans.
This is an opportunity, I believe, for the Port and all of us to make a bold statement about how oil companies contribute to climate change, oil spills and other environmental disasters and reject this short-term lease.
Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables.
In his first speech as Speaker, Boehner thanked his loved ones - tobacco lobbyists, the oil companies, the CEOs.
Speaking about our largest oil company Rosneft, and I recalled in the beginning that almost 20 percent of it [19.7] belongs to BP. Who's company is that? British Petroleum, isn't it? I suppose that is not bad. I have to tell that British Petroleum's capitalization is significantly related to the fact that it owns more than 19 percent of Rosneft, which has vast oil reserves both in Russia and abroad. This has its impact on the company's stability as well.
You've got the oil companies fighting Pope Francis. Fighting the scientists of the world. Fighting the governor of California. They are engaged in literally a life-and-death struggle, and I have no doubt who is going to be the victor.
First of all, I'm in favor of making price gouging a crime, and in fact, one the reasons I didn't vote for the Republican House version was because there were too many breaks for the oil companies.
We can't allow multinational oil companies boasting of record profits to gouge consumers... We must do what we can to fix this problem.
Nike used to be known as Blue Ribbon Sports. What's now Sara Lee used to be Consolidated Foods. And Exxon was once Standard Oil Company of New Jersey. These were name changes that worked. But for all the ones that do, there are 10 or 20 that don't.
What's interesting is there are $12 billion of breaks in the energy bill that passed, yet we see that the sixth major oil companies in America last year made $1.1 trillion.
Tax the rich. End the wars. Break the power of lobbies in Washington. These are the demands of Occupy Wall Street. They are very important. The US corporations dominate Washington. The big oil companies, Wall Street banks and the military-industrial complex - they rule this country and their influence and power has to be broken.
So when you go up against the Far Right you go up against the big financial special interests like the Halliburtons of the world, the big oil companies, the big energy companies who work so hard to rip us off.
All told, these profit levels have put the world's five largest publicly traded oil companies on track to earn more than $100 billion before year's end. Yet, at the same time that Big Oil's bottom line is going up, so are Americans' energy costs.
Five years of Republicans' failed energy policies have resulted in Americans paying twice as much at the pump as they did in 2001, while big oil companies make triple the profits.
Republican hawks like John McCain and Lindsey Graham who are very skeptical of [Rex Tillerson]. At the same time the Democrats will portray him as a climate criminal because he heads a big oil company. So, he'll be in for really tough confirmation hearings.
Indeed one streak in our economy, we're missing the big oil companies. We're missing other big energy companies. We're missing the big picture, and I have a record of trying to go at the problems that actually exist, and I will continue to do that.
Oil companies have gas stations. There's this whole huge structure that is about finding a new liquid for the tank. And the idea that maybe there shouldn't be a liquid, that maybe the best is an electrical grid, a sustainably powered electrical grid that we all plug into, that doesn't sit well with oil companies.
I decided to write the book to open the eyes of the people of how corrupt John D. Rockefeller company was and the unfair ways he used to be successful. I wanted the people to know the truth about the Standard Oil Company.
It's all part of the same ball of wax, right? The oil companies, Israel, Halliburton.
The oil industry is a stunning example of how science, technology, and mass production can divert an entire group of companies from their main task. ... No oil company gets as excited about the customers in its own backyard as about the oil in the Sahara Desert. ... But the truth is, it seems to me, that the industry begins with the needs of the customer for its products. From that primal position its definition moves steadily back stream to areas of progressively lesser importance until it finally comes to rest at the search for oil.
The oil companies are regulated by the federal government. They can't drill on land nor in American waters without permission from the feds. Many Republicans want to drill baby drill but what's the point if all the oil goes to China? Increased production obviously doesn't mean lower prices for us.
You think OWS is radical? You think 350.org was radical for helping organize mass civil disobedience in D.C. in August against the Keystone Pipeline? We're not radical. Radicals work for oil companies. The CEO of Exxon gets up every morning and goes to work changing the chemical composition of the atmosphere. No one has ever done anything as radical as that, not in all of human history.
Church wealth are moving into everything-gas stations, banks, television stations, supermarket chains, hotels, steel mills, resort areas, farms, wine factories, warehouses, bottling works, printing plants, schools, theaters-everything you could conceivably think of that has nothing to do with religion, they are moving into big. They're even coming in as stockholders in the big oil companies, and the Bank of America is almost entirely owned by the Catholic Church.
Now, the United States' response, the western response to this is a continuation of the appeasement that was started back in the '50s with Eisenhower when Iran seized western oil companies. The Americans, the British, and the Israelis, as I remember, launched an attack to try to reclaim it and - or at least the British and the Israelis did and Eisenhower vetoed it.
the Republicans love to say that the Democratic Party is ruled by 'special interests.' But when pressed to name these 'special interests,' the usual reply is women, blacks, teachers, and unions. Those are 'special interests' to be proud of - because together they comprise the majority of Americans. What about the 'special interests' that dominate the Republican Party - the oil companies, the banks, the gun lobby, and the apostles of religious intolerance?
The oil companies are really making a very lucrative amount of profit from the high price of oil. I don't that they're very keen to reduce the price of oil. The consumers are those who are the victims so I think that the producers, the governments, some of them, they're enjoying the high revenue that they get.
If you go into the Ecuadorian Amazon and you stick your hand in the ground, what you get is oil sludge. The oil companies continue doing whatever they please.
Cable news is 24 hours long so you have to fill it up with something. No, the Muppets are not communist. And the character of Tex Richman is not an allegory for capitalism in any way. The character is called Tex Richman. It's a joke. Clearly he is a classic, old school bad guy. He's bad not because he works for an oil company but because he's evil. No, it's not a communist movie in any way.
... Member Countries shall take necessary action and/or shall establish negotiations, individually or in groups, with the oil companies with a view to adopting ways and means to offset any adverse effects on the per barrel real income of Member Countries resulting from the international monetary developments as of 15th August 1971.
The national oil companies still want to acquire some expertise so they will outsource more, but not totally.
BP wants Twitter to shut down a fake BP account that is mocking the oil company. In response, Twitter wants BP to shut down the oil leak that's ruining the ocean.
But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a substantial build-up of supply occurring over the coming years.
The climate, financial and national security crises are all connected. They share the same cause: Our [the USA's] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.
There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.