“The news reporters give you public-relations fluff; the editorialists give you facts.”
Noam Chomsky, MIT’s famously anti-American professor of linguistics, used to say to his audiences something like: All my evidence comes from an ultra-Left source—The Wall Street Journal.
Audiences would laugh, but the joke was on them. Students of journalism know well that the Journal’s conservative reputation is based entirely on its editorial page. Its news pages, studies have shown, can tilt further to the Left than even the New York Times or the Washington Post.
Never was that schism more clearly displayed than on December 11, 2020.
A lead news headline screamed that the biggest “Green” companies were becoming larger corporations than the major oil companies. “The New Green Energy Giants Challenging Exxon and BP.”…
Continue ReadingEditor Note: Adam Anderson, CEO of Innovex Downhole Solutions, wrote the letter below to Steve Rendle, CEO of North Face’s parent, VF Corporation, in response to the latter’s refusal to fulfill a shirt order for the oil and gas company. Mr. Rendle has not responded to date. The title above was chosen by the editors, not the author.
“I think this stance by [North Face to not fulfill our shirt order] is counterproductive virtue signaling…. We should be celebrating the benefits of what oil and gas do to enable the outdoors lifestyle your brands embrace. Without Oil and Gas there would be no market for nor ability to create the products your company sells.”
I am proud to be the CEO of Innovex Downhole Solutions. We are an industry leader providing tools and technologies to service oil and natural gas producers worldwide. …
Continue Reading“That points to another potential challenge [to algae fuel commercialization]: the availability of land. NREL’s model for a commercial-scale algae facility calls for 5,000 acres of open-air algae ponds plus an additional 2,000 acres for support facilities. Yet all that land would produce only a limited amount of fuel.” [E&E News, below[
“Algae nevertheless serve a purpose for the company, [Robert] Brulle said. ‘They’re not selling you algae. They’re selling you, there’s good guys at Exxon,’ he said. ‘You don’t need to regulate us, you don’t need to sue us. We’re good guys.’ [E&E news, below]
Although nothing like the fall of once mighty General Electric (GE) under Jeff Immelt, the post-Lee Raymond Exxon Mobil is a sad corporate governance story of missed market opportunities and a wrong turn toward political correctness.…
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