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May 28, 2008

Rockefeller-Led Bid To Strip EM Chairman Title From Tillerson Fails

Can't wait for the next round of stupid congressional hearings.

DALLAS (AP) - Exxon Mobil Corp. chairman and CEO Rex Tillerson will retain both of those jobs at the world's biggest publicly traded oil company after a highly public, Rockefeller-led push to separate the roles that failed again Wednesday.

As I mentioned a few weeks ago, the chief complaint of John D.'s descendants is ExxonMobil's stubborn insistence on being an oil company and not "investing enough" on alternative energy research.

In all 17 shareholder proposals were shot down, all of them opposed by the greedy board of capitalist pig directors.

Tillerson isn't afraid to state the obvious: we're gonna need oil for a long damn time.

"Notwithstanding the growth in all of the other options for supplying energy—renewables, nuclear, biomass, alternatives—the world's going to require substantially fossil fuels to meet its energy needs," Tillerson said. "And two-thirds ... of that is going to come from oil and natural gas."



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posted by Dave In Texas at 04:43 PM

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