Energy truth!

I just watched the Chairman and CEO of Exxon/Mobil, Rex Tillerson, explain many aspects of our current energy woes on an ABC news report this evening.

I don't know what it is, but I like this guy!

Well, he merely told the truth and did not in any way defend or attempt to justify the record profits his company posted in the first half of this year. He DID explain that his primary responsibility was to his own shareholders. You know; the people who OWN Exxon/Mobil!

You can watch the interview for yourselves, but I think that opening the dialogue and trying to solve our problems TOGETHER is far superior to simply imposing punitive taxes against oil companies. After all, think about what YOU would do if you suddenly had to pay a lot more taxes. I don't know about you, but I would pull my head into my shell and go into defensive mode!

Tillerson said that the problem is on both the demand AND the supply side of the equation, even though demand has leveled somewhat recently. He also said that, in agreement with T. Boone Pickens, we cannot drill our way out of the problem. It's a war to be fought on multiple fronts and there's no single solution to it. We must conserve as much as possible AND develop more sources of domestic crude oil. We must continue to decrease demand or at least decrease the amount of increase in demand AND we must develop alternative sources of energy. Only by attacking the problem on multiple fronts from both the demand and supply side of the equation can we hope to ever achieve energy independence.

Anyone need one of those giant windmills in their front yard!