Tuesday, February 07, 2006
Is that a promise or a threat?
There's talk in Washington about energy independence, but don't take it seriously. The powers behind the throne are speaking out against it, and as we know they always win.
The United States will always rely on foreign imports of oil to feed its energy needs and should stop trying to become energy independent, a top Exxon Mobil Corp. executive said on Tuesday.
"Realistically, it is simply not feasible in any time period relevant to our discussion today," Exxon Mobil Senior Vice President Stuart McGill said, referring to what he called the "misperception" that the United States can achieve energy independence.
The world's largest publicly traded oil company, however, says hoping to end foreign oil imports is not only a bad idea, but also impossible.
"Americans depend upon imports to fill the gap," McGill said. "No combination of conservation measures, alternative energy sources and technological advances could realistically and economically provide a way to completely replace those imports in the short or medium term."
Sounds like Exxon is more interested in job security (their own) than national security.