Chevron CEO David O’Reilly wants U.S. shorelines surveyed at half a billion dollars in taxpayer expense, then opened to more oil drilling–and he’d like to stop states like California that try to curb global warning so the oil industry and the White House can decide on a better idea. He wants President Bush to cut back even his modest goals on use of biofuels. That’s the gist of his speech Tuesday at the Cambridge Energy Research Association meeting in Houston, despite a cloak of positive, green-sounding words.
He’s on the same page with Exxon CEO Rex Tillerson, who told the audience that governments should go slow on global warming regulations, since it’s not “100 percent certain,” and complained about environmental rules against drilling where Exxon wants to drill. When Big Oil speaks, it’s best to ignore the warm and fuzzy filler words about “centrism” and “bridging divides.”