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Written by Jonathan Maslow
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Tuesday, 07 June 2005 |
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Just
a follow up on my post about the President’s radio speech last weekend
urging Congress to pass the Energy Bill in order to reduce our
dependence on foreign oil and lower gas prices.
ExxonMobil took
out a four-page special advertising section in the June issue of
Scientific American called “Energy: A Long View.” It asserts the
projected increase in foreign oil dependency like this: “The
established production areas in North America, Europe and Latin America
now supply about 80% of ExxonMobil’s oil production today, for example,
but that number should approach 60% within five years.” And then: “The
industry will rely on new regions of supply such as Russia and the
Caspian Sea. ExxonMobil’s production from these growth areas, as well
as Africa and the Middle East, will increase from 20% to 40% of volumes
in 2010.”
My question is: Why does it take ExxonMobil to
counter Bush’s propaganda, while no news organization mentioned that
his assertion that the Energy Bill will reduce American dependence on
foreign oil is false?
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Last Updated ( Wednesday, 06 December 2006 )
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