I worked in oil many years. Something most articles overlook is that oil companies buy and sell each other and their reserves ALL THE TIME.
Every case of serious pollution I've seen was done by "rogues" who got in trouble and sold off the reserves to other oil companies. Punishing Chevron for something done by a different company 20 y…
I worked in oil many years. Something most articles overlook is that oil companies buy and sell each other and their reserves ALL THE TIME.
Every case of serious pollution I've seen was done by "rogues" who got in trouble and sold off the reserves to other oil companies. Punishing Chevron for something done by a different company 20 years ago is pointless, we can't change the past. What we need to do is regulate oil FROM DAY ONE. Norway did exactly that. Norwegian oil companies are very green, but not because they WANTED to be green, because the people of Norway insisted that the government of Norway educate the children of Norway to not be easily fooled.
I worked in oil many years. Something most articles overlook is that oil companies buy and sell each other and their reserves ALL THE TIME.
Every case of serious pollution I've seen was done by "rogues" who got in trouble and sold off the reserves to other oil companies. Punishing Chevron for something done by a different company 20 years ago is pointless, we can't change the past. What we need to do is regulate oil FROM DAY ONE. Norway did exactly that. Norwegian oil companies are very green, but not because they WANTED to be green, because the people of Norway insisted that the government of Norway educate the children of Norway to not be easily fooled.