While Americans were reckoning with sky-high gas prices at the pump last year, ExxonMobil reported on Tuesday that it made $56 billion in profits in 2022. That’s the most a Western oil company has ever earned and averages out to around $6.3 million an hour over the course of the year.
It’s not just Exxon. Other major oil companies such as Chevron and Shell are expected to report similar results in the coming weeks, pushing their combined profits to around $200 billion, according to the financial markets data firm Refinitiv.
The challenge facing human civilization when it comes to mitigating climate change is that baking this planet is insanely profitable. Just as we’re finding how difficult it is to remove the drug cartels from Mexico, $56 billion carries a level of political power that is hard to describe.
It’s one thing to be anti-abortion and another to be just plain stupid.
When we learn that a woman is pregnant, do we congratulate her on her baby? If this is to be her first child, do we think of her as a parent?
I sure don’t, because I understand the concept of a miscarriage, and, more generally, the difference between something that has already happened vs. some future event.
If we ask a young person what she wants to do when she enters the work force and she says “a veterinarian,” we might say “Oh, that’s great,” but it would be inappropriate to congratulate her for something that may or may not happen in the future.
If you think there is no chance of another insurrection, one that may be orders of magnitude larger than January 6th, ask yourself what certain congresspeople are trying to communicate by wearing AR-15 pins on their lapels.
It comes as no surprise that the cable news channel Newsmax, far to the right of Fox News in terms of its spreading pure disinformation, is apoplectic about AT&T’s and its subsidiary’s Direct TV’s dropping them when they continued to support Trump after he took on the role as one the world’s most notorious criminals.
We can almost hear the discussion in the boardroom: “We can continue to be America’s phone company, or we can support this sociopath. We can either draw the line or slowly fade into becoming part of a criminal enterprise. I believe that the American people have a limited appetite for treason. Who’s with me?”
In terms of political ideology, it could be that DeSantis is worse than Trump himself.
If he represents an improvement over the former president, it’s possible that he’s not a criminal sociopath. I use the word “possible” because, at this point, we don’t know if he’s capable of committing any of the wide array of felonies that Trump did, including attempting to overthrow the United States federal government.
As the director of the DOE’s Loan Programs Office, Jigar will be shaping the future in terms of America’s transition from fossil fuels, in favor of renewables, efficiency, energy storage, and electric transportation. IMO, no one is better qualified for this position, if only because of his keen understanding of energy markets, and the imperative to make all this profitable to investors.
Hillsdale “College,” the ultra-right-wing “academic” institution, writes:
A movement is growing, led by progressives—but supported by many well-meaning Americans—to change the way we elect our president. In effect, it seeks to do away with the Electoral College as devised by the Framers of our Constitution.
That’s why Hillsdale College is conducting a National Survey on Presidential Selection.
The electoral college was put into place in order to help white people better control their black slaves.
Its only effect post the Emancipation is to grant more power per capita to voters in states with small populations than voters in states with large populations. For instance, Wyoming gets one electoral vote for every 190K people; California gets one vote for every 727K. Therefore, if I lived in Wyoming, my vote would count 3.8 times more than it does now.
The only reason to preserve the electoral college is to favor the political sensibilities of people in states like Wyoming. If you want to ban abortion and increase the ownership of weapons of war, you adore the current system, because it’s grossly unfair to progressives.
As political commentator Bill Kristol says, the mainstream media’s coverage of Trump’s 2024 presidential campaign ignores the fact that he clearly committed a wide array of crimes, among which is seditious conspiracy.
What New York Times columnist Charles Blow writes here is completely true, and more than a little relevant to today’s America. In general, we’re indifferent to the suffering of others who share our planet with us today, and we’re even less concerned about the well-being of our descendants.