Tag Archives: Chevron Corporation

The Wrong Answer

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On Tuesday, The Daily Caller reported that the Biden administration is preparing to ease sanctions on Venezuelan oil imports into America.

The article reports:

The Biden administration is expected to soon announce it would ease sanctions on Venezuelan oil amid the ongoing energy crisis, several media outlets reported.

The federal government will ease “some” of the energy sanctions on Venezuela, two senior administration officials told CNN. In addition, U.S. oil corporation Chevron will be allowed to enter into negotiations with Venezuelan state-owned firm PDVSA over potential continued operations in the South American oil-rich nation.

The article concludes:

“Our experience buying Russian energy should have taught President Biden that buying energy from tyrants is a dangerous proposition,” Senate Energy and Natural Resources Committee Ranking Member John Barrasso said in a statement.

“Yet President Biden continues to reward our enemies by waiving sanctions while his administration does its best to kill American energy production. Funding despots isn’t in the national interest. Supporting American energy is,” he continued.

Venezuela consistently ranks as one of the least “free” countries in the world, according to Freedom House.

Meanwhile, the Biden administration has increasingly moved to restrict further domestic oil and gas production. The Department of the Interior canceled the three remaining federal offshore oil and gas lease sales last week and dramatically scaled back the federal onshore program in April.

The average price of gasoline reached an all-time record $4.52 a gallon on Tuesday, according to AAA data.

The White House didn’t immediately respond to a request for comment from The Daily Caller News Foundation.

The Biden administration is under tremendous pressure from the environmental extremists to end America’s use of fossil fuel. What the environmentalists don’t realize is that America is one of the most environmentally safe countries in the world in its extraction of fossil fuel. Getting fuel from Venezuela is not only foolish because it strengthens a tyrant, but because it is not as environmentally friendly as drilling practices in America. This move by the Biden administration is another step in the wrong direction.

Whatever The Cause, Follow The Money

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Yesterday the U.K. Daily Mail reported that Kerry Kennedy stands to make $40 million dollars from her support of the Ecuadorian rain forests.

The article reports:

Local courts recently ordered Chevron to pay $18 billion in damages-which the company is now appealing- and if the decision is upheld, $40 million of that money could go straight to Ms Kennedy.  

The New York Post reports that Ms Kennedy, 52, was hired to put a well-known face on the issue, and she has publicly campaigned for the cause by appearing on CNN and writing an op-ed piece for The Huffington Post.

In the 2009 Huffington Post piece, Ms Kennedy told of her trip to the northern area of the country where Texaco- an oil company later bought and now represented by Chevron- drilled about 350 oil wells throughout the rain forest.

I don’t know if Chevron did $18 billion in damages to the Ecuadorian rain forest. I have no idea how you measure that sort of thing. But I do know that paying Kerry Kennedy $40 million dollars is not going to help the Ecuadorian rain forests in any way. How much of the $18 billion sought in the lawsuit will go to the people impacted by whatever damage was done to the rain forest? Who actually pays the $18 billion if the people asking for it win the case? Who actually benefits from this whole legal exercise? This is the sort of thing that makes me question the motives of many of the people who claim to be out to save the planet.

 

 

 

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