Oil Conspiracy

1091 Words3 Pages
bulb-icon

Recommended: Importance of fossil fuels and their effect on the environment

Oil Conspiracy It is common knowledge these days that major oil companies are among the most wealthy and powerful entities in the world. Their massive incomes contribute enormously to economies all over the world and this gives them massive pull in these economies. It is no wonder then that conspiracy theories and myths of large scale evil plots surround these major oil producers. They range from the ridiculous to quite believable. Every thing from the deletion of alternative energies from ever making it into the market to wars has been blamed on these major oil companies. Some of them are very believable while others seem a stretch of the truth. Are oil companies really behind these vast conspiracies? Have they really been evilly plotting to start wars and destroy the environment? Believe it or not it is rather difficult to find real hard facts on either side of this dilemma. Those that say yes are often radical left wing liberals that blow this out of proportion and blame things like 9/11 on oil companies, claiming that it was an elaborate scheme to start a war in the Middle East to increase oil production. This seems way too farfetched and I personally hope to god that it’s not true. On the other side of the argument against oil companies (the sane one) it is equally as difficult to get information. When you sift through the articles it is apparent that there has been corruption and cases of oil companies using their vast power to influence government legislation and alternative energy uses. Whether or not these represent true cases of conspiracy is not clear. They do however show that oil companies have used less than ethical tactics to ensure high earnings for them selves. Cases like t... ... middle of paper ... .... Rosentreter, Richard. (Sept. 2000) Oil, Profits, and the Question of Alternative Energy. Retrieved Feb. 9 from http://www.findarticles.com/p/articles/mi_m1374/is_5_60/ai_65133031 2. Liese, Lindsey. Disappearance of the Electric car Unveiled in Documentary. West World. Retrieved Feb. 8 from http://www.niles-hs.k12.il.us/westword/issue4,06-07/world5.pdf 3. Stop the Oil Company Greed. Nader.org. Retrieved on Feb. 9 from http://www.nader.org/template.php?/archives/276-Stop-the-Oil-Company-Greed.html http://aboutfacts.net/Conspiracy2.htm 4. Did General Motors destroy the LA mass transit system? The Straight Dope Retrieved Feb 9 from http://www.straightdope.com/classics/a2_335.html 5. General Motors Street car Conspiracy. Wikipedia. Retrieved Feb 8 from http://www.answers.com/topic/general-motors-streetcar-conspiracy

Show More
Related

  • The First Industrial Lab: Jay Gould And His Inventions

    983 Words  | 2 Pages

    By the early 1900’s, automobiles had become a common sight on the roads of the United States. Edison tried to create an electric battery that could power an electric car. Due to the abundant availability of gasoline, the electric car did not receive the response that Edison hoped for. However, the car battery was a huge success, and still plays a pivotal role in the automobile industry.

    Read More

  • John D. Rockefeller as a Robber Baron

    3611 Words  | 8 Pages

    When John D. Rockefeller merged with the railroad companies, he had gained control of a strategic transportation route that no other companies would be able to use. Rockefeller would then be able to force the hand on the railroads and was granted a rebate on his shipments of oil. This was a kind of secret agreement between the two industries. None of the competition knew what the rates were for the rebates or the rates that Rockefeller was paying the railroad. This made it hard for the competition to keep up with the Standard Oil Company. The consequences led to many oil companies getting bought out by Rockefeller secretly. All in all, 25 co...

    Read More

  • United States' Energy Crisis During 1970

    1262 Words  | 3 Pages

    ...m fossil fuels, there remains alternative resources that can easily be taken advantage of. So why isn’t the United States taking this deeply into consideration and improving this dilemma? The energy crisis of the 1970’s continues on into the present as Americans search for new ways to fuel the consumption. This remains unresolved.

    Read More

  • The Death of the Electric Car

    1085 Words  | 3 Pages

    The 1996 documentary Who Killed the Electric Car? explores the factors behind the demise of General Motors’ EV1, the popular and elusive electric car of the early 1990’s. The EVI was popular with the public, and it was clean, fast and efficient. This video sets out to solve what is effectively a murder mystery – the plug was pulled on the EV1 in 2002 after only 1,000 of these cars had been produced by GM, most of which were subsequently destroyed by the company in a secret location in the Arizona desert.

    Read More

  • US Needs to Have Energy Independence

    795 Words  | 2 Pages

    Arguments: America is dependent on other nations for their ability to create energy. The United States is the world’s largest consumer of oil, at 18.49 million barrels of oil per day. And it will continue to be that way for the foreseeable future, considering the next largest customer of oil only consumes about 60% of what the U.S. does. This makes the U.S. vulnerable to any instability that may arise in the energy industry. In 2011, the world’s top three oil companies were Saudi Aramco (12%), National Iranian Oil Company (5%), and China National Petroleum Corp (4%).

    Read More

  • John D. Rockefeller

    1048 Words  | 3 Pages

    Pratt, Joseph A. “Exxon and the Control of Oil.” Journal of American History. 99.1 (2012): 145-154. Academic search elite. Web. 26. Jan. 2014.

    Read More

  • Black Lives Matter And The All Lives Matter (ALM Movement

    853 Words  | 2 Pages

    The oil company is essentially placing profit over cultural heritage and the lives of human beings.

    Read More

  • The Iran Hostage Crisis

    2450 Words  | 5 Pages

    Shafer, Leah R. "Address on the Energy Crisis (15 July 1979)." Dictionary of American History. Ed. Stanley I. Kutler. 3rd ed. Vol. 9. New York: Charles Scribner's Sons, 2003. 492-94. U.S. History in Context. Web. 18 Apr. 2014.

    Read More

  • Pentroleum Industry As Oligopoly Essay

    1483 Words  | 3 Pages

    The oil and gas industry in general is dominated by a few large firms therefore it is set as operating in an oligopoly market. Due to acquisitions in the industry, the four largest oil companies in the United States control the market power.

    Read More

  • The Globalization of ExxonMobil from 1980 to Present

    2517 Words  | 6 Pages

    Since its discovery back in the year 1858 crude oil has been become one of the most sought after resources on the face of the planet. It is due to this fact that the oil industry has fallen into a rather odd category in the case of globalization and seeking out new markets, new labor and new customers. The reason being that the need for crude oil and fuel is always present therefore the product of oil in its basic sense sells itself and the companies do not have to go out and publicly advertise it in the sense that clothing lines and other commodities do. Oil companies must focus more on the matter of why an individual should buy their oil and along with other alternative fuels over their competitors even though in the end the companies products are the same thing. The company ExxonMobil has been the superior company in the oil industry for quite sometime now, and had plenty of success as individual companies before their merger in 1999. The reason for there success is partially due to the power they wield as the most successful company, leading to many new refineries around the world, making deals with smaller companies to gain access to new markets and are leading the world in alternative fuel research. However these things all come naturally to the biggest oil company in the industry, the real question is how they became the powerhouse they are now. That question can be answered by the way in which the company has not focused in globalizing their product of fuel and oil, but globalizing the image of the company company. This is achieved by focusing on charity in which they donate hundreds of millions of dollars, Foreign Direct Investment in areas in which they wish to expand by attempting to provide these impoverished areas wit...

    Read More

  • Standard Oil Monopoly Analysis

    450 Words  | 1 Pages

    John D. Rockefeller was the founder of the Standard Oil Company. He opened his first refinery in Cleveland, Ohio in 1863. In 1870 he created Standard Oil. By the 1890s, Rockefeller controlled 90% of the United States pipelines and refineries. Many critics of Rockefeller claim this was due to unfair business practices which gave him a monopoly on the oil market. Rockefeller so oppressed all competition that ultimately he alone controlled the market. In 1890 congress passed the Sherman Antitrust Act which basically forbids any companies to “restrain trade”. It also forbids companies from establishing monopolies. In 1911, the U.S. Supreme Court found Standard Oil in violation of antitrust laws and ordered the company to be shut down. I agree with the government’s response to Standard Oil’s underhanded domination of the oil

    Read More

  • The Evolution Of The Automobile

    1522 Words  | 4 Pages

    Starting in the late 1700’s, European engineers began messing with motor powered vehicles. By the mid 1800’s, steam, combustion, and electrical motors had all been attempted. By the 1900’s it wasn’t very clear on which type of engine would really power the automobile. At that time, electric cars were the most popular but there were no batteries at that time that would allow a car to move very fast or a long distance. Commercial production in the United States began at the beginning of the 1900’s. In the early 1900’s, the United States had about two thousand firms producing one or more cars.

    Read More

  • The Energy Crisis: Traditional Energy vs. Renewable Energy

    729 Words  | 2 Pages

    According to the US Environmental Protection Agency, over half of the oil used in the USA is imported. Most of this imported oil is located in the middle east and is controlled by OPEC members. Subsequent oil price shocks and price manipulation by OPEC have cost our economy dearly—about $1.9 trillion from 2004 to 2008—and each major shock was followed by a recession (Reduce). We may never be able to fully eliminate our need to import oil, but we can reduce cartel market control and the economic impact of price shocks by reducing our demand (Reduce). One way we can reduce our reliance on oil is through investing in renewable energy. Solar power, wind power, and hydro power are all forms of energy which come from renewable resources. Unlike oil, solar, wind and hydro electric power is abundant and can be obtained locally.

    Read More

  • Renewable Energy: The Switch is Now

    1511 Words  | 4 Pages

    Mast, Tom R. Over a Barrel: A Simple Guide to the Oil Shortage. Austin: Hayden, 2005. Print.

    Read More

  • The Benefits of the Green Movement

    1086 Words  | 3 Pages

    ...g the Energy Revolution." Foreign Affairs. Nov/Dec 2010: 111. SIRS Issues Researcher. Web. 21 Nov 2011.

    Read More

More about Oil Conspiracy

Open Document