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#nationalizebigoil — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #nationalizebigoil, aggregated by home.social.

  1. Gee, it sure sounds like Trmp is threatening to #nationalizeBigOil

    Trump wants low oil prices. The leaders of the oil majors want higher oil prices. He wants them to invest heavily. They’re all about economizing on investment and cutting risk while rewarding shareholders with dividends and share repurchases.

    Now the two sides are at an impasse. Trump will either create incentives for oil companies to invest in Venezuela or punish them for holding out. And the conflicting priorities will inform what happens next.

    “We’re not going to aggressively put lots of extra barrels into an oversupplied market,” Vicki Hollub, the chief executive of Occidental Petroleum, told securities analysts on an earnings call in November, well before the White House meeting with oil executives on Jan. 9.

    Mike Wirth, the chief executive of Chevron, bragged on a November earnings call that the company had gotten good at eliminating marginal investment projects. “We’re killing things earlier,” he said.

  2. Gee, it sure sounds like Trmp is threatening to #nationalizeBigOil

    Trump wants low oil prices. The leaders of the oil majors want higher oil prices. He wants them to invest heavily. They’re all about economizing on investment and cutting risk while rewarding shareholders with dividends and share repurchases.

    Now the two sides are at an impasse. Trump will either create incentives for oil companies to invest in Venezuela or punish them for holding out. And the conflicting priorities will inform what happens next.

    “We’re not going to aggressively put lots of extra barrels into an oversupplied market,” Vicki Hollub, the chief executive of Occidental Petroleum, told securities analysts on an earnings call in November, well before the White House meeting with oil executives on Jan. 9.

    Mike Wirth, the chief executive of Chevron, bragged on a November earnings call that the company had gotten good at eliminating marginal investment projects. “We’re killing things earlier,” he said.

  3. Gee, it sure sounds like Trmp is threatening to #nationalizeBigOil

    Trump wants low oil prices. The leaders of the oil majors want higher oil prices. He wants them to invest heavily. They’re all about economizing on investment and cutting risk while rewarding shareholders with dividends and share repurchases.

    Now the two sides are at an impasse. Trump will either create incentives for oil companies to invest in Venezuela or punish them for holding out. And the conflicting priorities will inform what happens next.

    “We’re not going to aggressively put lots of extra barrels into an oversupplied market,” Vicki Hollub, the chief executive of Occidental Petroleum, told securities analysts on an earnings call in November, well before the White House meeting with oil executives on Jan. 9.

    Mike Wirth, the chief executive of Chevron, bragged on a November earnings call that the company had gotten good at eliminating marginal investment projects. “We’re killing things earlier,” he said.

  4. Gee, it sure sounds like Trmp is threatening to #nationalizeBigOil

    Trump wants low oil prices. The leaders of the oil majors want higher oil prices. He wants them to invest heavily. They’re all about economizing on investment and cutting risk while rewarding shareholders with dividends and share repurchases.

    Now the two sides are at an impasse. Trump will either create incentives for oil companies to invest in Venezuela or punish them for holding out. And the conflicting priorities will inform what happens next.

    “We’re not going to aggressively put lots of extra barrels into an oversupplied market,” Vicki Hollub, the chief executive of Occidental Petroleum, told securities analysts on an earnings call in November, well before the White House meeting with oil executives on Jan. 9.

    Mike Wirth, the chief executive of Chevron, bragged on a November earnings call that the company had gotten good at eliminating marginal investment projects. “We’re killing things earlier,” he said.

  5. Gee, it sure sounds like Trmp is threatening to #nationalizeBigOil

    Trump wants low oil prices. The leaders of the oil majors want higher oil prices. He wants them to invest heavily. They’re all about economizing on investment and cutting risk while rewarding shareholders with dividends and share repurchases.

    Now the two sides are at an impasse. Trump will either create incentives for oil companies to invest in Venezuela or punish them for holding out. And the conflicting priorities will inform what happens next.

    “We’re not going to aggressively put lots of extra barrels into an oversupplied market,” Vicki Hollub, the chief executive of Occidental Petroleum, told securities analysts on an earnings call in November, well before the White House meeting with oil executives on Jan. 9.

    Mike Wirth, the chief executive of Chevron, bragged on a November earnings call that the company had gotten good at eliminating marginal investment projects. “We’re killing things earlier,” he said.

  6. #NationalizeBigOil
    #PolluterPaysPrinciple

    (5/5)

    ...(What the study only touches on peripherally is that energy demand is also growing disproportionately.)

    In fact, I'd argue that the positive incentive and drive that eminated from the Paris COP far exceeded any negative external shock in recent decades, maybe comparable to the negative one of the 1970's #OilPriceCrisis in magnitude.

    eciu.net/analysis/reports/2025

    //

    @forthy42 @Bellingen

  7. #NationalizeBigOil
    #PolluterPaysPrinciple

    (5/5)

    ...(What the study only touches on peripherally is that energy demand is also growing disproportionately.)

    In fact, I'd argue that the positive incentive and drive that eminated from the Paris COP far exceeded any negative external shock in recent decades, maybe comparable to the negative one of the 1970's #OilPriceCrisis in magnitude.

    eciu.net/analysis/reports/2025

    //

    @forthy42 @Bellingen

  8. #NationalizeBigOil
    #PolluterPaysPrinciple

    (5/5)

    ...(What the study only touches on peripherally is that energy demand is also growing disproportionately.)

    In fact, I'd argue that the positive incentive and drive that eminated from the Paris COP far exceeded any negative external shock in recent decades, maybe comparable to the negative one of the 1970's #OilPriceCrisis in magnitude.

    eciu.net/analysis/reports/2025

    //

    @forthy42 @Bellingen

  9. #NationalizeBigOil
    #PolluterPaysPrinciple

    (5/5)

    ...(What the study only touches on peripherally is that energy demand is also growing disproportionately.)

    In fact, I'd argue that the positive incentive and drive that eminated from the Paris COP far exceeded any negative external shock in recent decades, maybe comparable to the negative one of the 1970's #OilPriceCrisis in magnitude.

    eciu.net/analysis/reports/2025

    //

    @forthy42 @Bellingen

  10. #NationalizeBigOil
    #PolluterPaysPrinciple

    (5/5)

    ...(What the study only touches on peripherally is that energy demand is also growing disproportionately.)

    In fact, I'd argue that the positive incentive and drive that eminated from the Paris COP far exceeded any negative external shock in recent decades, maybe comparable to the negative one of the 1970's #OilPriceCrisis in magnitude.

    eciu.net/analysis/reports/2025

    //

    @forthy42 @Bellingen

  11. #NationalizeBigOil
    #PolluterPaysPrinciple

    (4/5)

    ...#StromkosteAusgleichsgesetz2025:

    kontrast.at/strompreis-gasprei

    And these "shocks" do not necessarily have to be negative: as the #ECIU in London recently analyzed in a report, ten years after COP 2015, the world is in some respects already further ahead than it “should” be in 2035: 41% #renewableenergy vs. a forecast 38% in 2025...

    @forthy42 @Bellingen

  12. #NationalizeBigOil
    #PolluterPaysPrinciple

    (4/5)

    ...#StromkosteAusgleichsgesetz2025:

    kontrast.at/strompreis-gasprei

    And these "shocks" do not necessarily have to be negative: as the #ECIU in London recently analyzed in a report, ten years after COP 2015, the world is in some respects already further ahead than it “should” be in 2035: 41% #renewableenergy vs. a forecast 38% in 2025...

    @forthy42 @Bellingen

  13. #NationalizeBigOil
    #PolluterPaysPrinciple

    (4/5)

    ...#StromkosteAusgleichsgesetz2025:

    kontrast.at/strompreis-gasprei

    And these "shocks" do not necessarily have to be negative: as the #ECIU in London recently analyzed in a report, ten years after COP 2015, the world is in some respects already further ahead than it “should” be in 2035: 41% #renewableenergy vs. a forecast 38% in 2025...

    @forthy42 @Bellingen

  14. #NationalizeBigOil
    #PolluterPaysPrinciple

    (4/5)

    ...#StromkosteAusgleichsgesetz2025:

    kontrast.at/strompreis-gasprei

    And these "shocks" do not necessarily have to be negative: as the #ECIU in London recently analyzed in a report, ten years after COP 2015, the world is in some respects already further ahead than it “should” be in 2035: 41% #renewableenergy vs. a forecast 38% in 2025...

    @forthy42 @Bellingen

  15. #NationalizeBigOil
    #PolluterPaysPrinciple

    (4/5)

    ...#StromkosteAusgleichsgesetz2025:

    kontrast.at/strompreis-gasprei

    And these "shocks" do not necessarily have to be negative: as the #ECIU in London recently analyzed in a report, ten years after COP 2015, the world is in some respects already further ahead than it “should” be in 2035: 41% #renewableenergy vs. a forecast 38% in 2025...

    @forthy42 @Bellingen

  16. #NationalizeBigOil
    #PolluterPaysPrinciple

    (3/n)

    ...the lowest-income percentiles of a population the hardest, as they spend more on consumption than the richer percentiles. In economic terms, it is regressive.
    Just look what happened to grain exports to Africa, when Ukraine could not deliver due to the war.

    Take #Austria as a postive counter example. It even strives for more social equality regarding energy prices with a comprehensive new law, the...

    @forthy42 @Bellingen

  17. #NationalizeBigOil
    #PolluterPaysPrinciple

    (3/n)

    ...the lowest-income percentiles of a population the hardest, as they spend more on consumption than the richer percentiles. In economic terms, it is regressive.
    Just look what happened to grain exports to Africa, when Ukraine could not deliver due to the war.

    Take #Austria as a postive counter example. It even strives for more social equality regarding energy prices with a comprehensive new law, the...

    @forthy42 @Bellingen

  18. #NationalizeBigOil
    #PolluterPaysPrinciple

    (3/n)

    ...the lowest-income percentiles of a population the hardest, as they spend more on consumption than the richer percentiles. In economic terms, it is regressive.
    Just look what happened to grain exports to Africa, when Ukraine could not deliver due to the war.

    Take #Austria as a postive counter example. It even strives for more social equality regarding energy prices with a comprehensive new law, the...

    @forthy42 @Bellingen

  19. #NationalizeBigOil
    #PolluterPaysPrinciple

    (3/n)

    ...the lowest-income percentiles of a population the hardest, as they spend more on consumption than the richer percentiles. In economic terms, it is regressive.
    Just look what happened to grain exports to Africa, when Ukraine could not deliver due to the war.

    Take #Austria as a postive counter example. It even strives for more social equality regarding energy prices with a comprehensive new law, the...

    @forthy42 @Bellingen

  20. #NationalizeBigOil
    #PolluterPaysPrinciple

    (3/n)

    ...the lowest-income percentiles of a population the hardest, as they spend more on consumption than the richer percentiles. In economic terms, it is regressive.
    Just look what happened to grain exports to Africa, when Ukraine could not deliver due to the war.

    Take #Austria as a postive counter example. It even strives for more social equality regarding energy prices with a comprehensive new law, the...

    @forthy42 @Bellingen

  21. #NationalizeBigOil
    #PolluterPaysPrinciple

    (2/n)

    ...price shock, the war in #Ukraine and the destruction of the Nordstream pipeline let energy prices peak in the #EU. Another example was the major disruption of global supply lines by the #Covid-19 #pandemic.

    And even a planned "#ShockTherapy" does not bode well for many economies, here's a look at the disastrous #Russian 1991 example of #BorisYeltsin:

    mastodon.social/@HistoPol/1104

    Also, (sudden) price hikes usually hit...

    @forthy42 @Bellingen

  22. #NationalizeBigOil
    #PolluterPaysPrinciple

    (2/n)

    ...price shock, the war in #Ukraine and the destruction of the Nordstream pipeline let energy prices peak in the #EU. Another example was the major disruption of global supply lines by the #Covid-19 #pandemic.

    And even a planned "#ShockTherapy" does not bode well for many economies, here's a look at the disastrous #Russian 1991 example of #BorisYeltsin:

    mastodon.social/@HistoPol/1104

    Also, (sudden) price hikes usually hit...

    @forthy42 @Bellingen

  23. #NationalizeBigOil
    #PolluterPaysPrinciple

    (2/n)

    ...price shock, the war in #Ukraine and the destruction of the Nordstream pipeline let energy prices peak in the #EU. Another example was the major disruption of global supply lines by the #Covid-19 #pandemic.

    And even a planned "#ShockTherapy" does not bode well for many economies, here's a look at the disastrous #Russian 1991 example of #BorisYeltsin:

    mastodon.social/@HistoPol/1104

    Also, (sudden) price hikes usually hit...

    @forthy42 @Bellingen

  24. #NationalizeBigOil
    #PolluterPaysPrinciple

    (2/n)

    ...price shock, the war in #Ukraine and the destruction of the Nordstream pipeline let energy prices peak in the #EU. Another example was the major disruption of global supply lines by the #Covid-19 #pandemic.

    And even a planned "#ShockTherapy" does not bode well for many economies, here's a look at the disastrous #Russian 1991 example of #BorisYeltsin:

    mastodon.social/@HistoPol/1104

    Also, (sudden) price hikes usually hit...

    @forthy42 @Bellingen

  25. #NationalizeBigOil
    #PolluterPaysPrinciple

    (2/n)

    ...price shock, the war in #Ukraine and the destruction of the Nordstream pipeline let energy prices peak in the #EU. Another example was the major disruption of global supply lines by the #Covid-19 #pandemic.

    And even a planned "#ShockTherapy" does not bode well for many economies, here's a look at the disastrous #Russian 1991 example of #BorisYeltsin:

    mastodon.social/@HistoPol/1104

    Also, (sudden) price hikes usually hit...

    @forthy42 @Bellingen

  26. RE: mastodon.social/@HistoPol/1104

    #NationalizeBigOil
    #PolluterPaysPrinciple

    (1/n)

    @forthy42

    "Anyone who owned these stocks was colluding."

    Morally, yes, maybe. In the criminal justice systems I am (rather superficially) aware of, ownership in a legal enterprise, in particular one quoted on a public stock exchange, is never a crime.

    " And a shortage of oil also sends a sense of urgency."

    Yes, this will happen, however, as we all saw by the most recent external energy-...

    @Bellingen

  27. RE: mastodon.social/@HistoPol/1104

    #NationalizeBigOil
    #PolluterPaysPrinciple

    (1/n)

    @forthy42

    "Anyone who owned these stocks was colluding."

    Morally, yes, maybe. In the criminal justice systems I am (rather superficially) aware of, ownership in a legal enterprise, in particular one quoted on a public stock exchange, is never a crime.

    " And a shortage of oil also sends a sense of urgency."

    Yes, this will happen, however, as we all saw by the most recent external energy-...

    @Bellingen

  28. RE: mastodon.social/@HistoPol/1104

    #NationalizeBigOil
    #PolluterPaysPrinciple

    (1/n)

    @forthy42

    "Anyone who owned these stocks was colluding."

    Morally, yes, maybe. In the criminal justice systems I am (rather superficially) aware of, ownership in a legal enterprise, in particular one quoted on a public stock exchange, is never a crime.

    " And a shortage of oil also sends a sense of urgency."

    Yes, this will happen, however, as we all saw by the most recent external energy-...

    @Bellingen

  29. RE: mastodon.social/@HistoPol/1104

    #NationalizeBigOil
    #PolluterPaysPrinciple

    (1/n)

    @forthy42

    "Anyone who owned these stocks was colluding."

    Morally, yes, maybe. In the criminal justice systems I am (rather superficially) aware of, ownership in a legal enterprise, in particular one quoted on a public stock exchange, is never a crime.

    " And a shortage of oil also sends a sense of urgency."

    Yes, this will happen, however, as we all saw by the most recent external energy-...

    @Bellingen

  30. RE: mastodon.social/@HistoPol/1104

    #NationalizeBigOil
    #PolluterPaysPrinciple

    (1/n)

    @forthy42

    "Anyone who owned these stocks was colluding."

    Morally, yes, maybe. In the criminal justice systems I am (rather superficially) aware of, ownership in a legal enterprise, in particular one quoted on a public stock exchange, is never a crime.

    " And a shortage of oil also sends a sense of urgency."

    Yes, this will happen, however, as we all saw by the most recent external energy-...

    @Bellingen

  31. @Saket

    Absolutely correct.

    Also, because #BigOilKnew I'm therefore demanding to make them pay for the cumulative damages they've been causing to our #biosphere and humanity:

    #NationalizeBigOil!
    mastodon.social/@HistoPol/1120

  32. @Saket

    Absolutely correct.

    Also, because #BigOilKnew I'm therefore demanding to make them pay for the cumulative damages they've been causing to our #biosphere and humanity:

    #NationalizeBigOil!
    mastodon.social/@HistoPol/1120

  33. @Saket

    Absolutely correct.

    Also, because #BigOilKnew I'm therefore demanding to make them pay for the cumulative damages they've been causing to our #biosphere and humanity:

    #NationalizeBigOil!
    mastodon.social/@HistoPol/1120

  34. @Saket

    Absolutely correct.

    Also, because #BigOilKnew I'm therefore demanding to make them pay for the cumulative damages they've been causing to our #biosphere and humanity:

    #NationalizeBigOil!
    mastodon.social/@HistoPol/1120

  35. @Saket

    Absolutely correct.

    Also, because #BigOilKnew I'm therefore demanding to make them pay for the cumulative damages they've been causing to our #biosphere and humanity:

    #NationalizeBigOil!
    mastodon.social/@HistoPol/1120

  36. @rahmstorf

    #Klimakrise
    *#BigOils Verrat an der Menschheit *

    (3/n)

    ...die sie verursacht haben.👈

    Es ist an der Zeit, dass sie für alle Schäden nach dem #VerursacherPrinzip haften!

    Alle westlichen Öl-Multis sollten deshalb 👉nach dem norwegischen Modell verstaatlicht werden, da ihr Vermögen für die kumulierten Schäden kaum ausreichen wird👈:

    👉 #NationalizeBigOil👈

    3)
    mastodon.social/@HistoPol/1102

    Hier...

  37. @rahmstorf

    #Klimakrise
    *#BigOils Verrat an der Menschheit *

    (3/n)

    ...die sie verursacht haben.👈

    Es ist an der Zeit, dass sie für alle Schäden nach dem #VerursacherPrinzip haften!

    Alle westlichen Öl-Multis sollten deshalb 👉nach dem norwegischen Modell verstaatlicht werden, da ihr Vermögen für die kumulierten Schäden kaum ausreichen wird👈:

    👉 #NationalizeBigOil👈

    3)
    mastodon.social/@HistoPol/1102

    Hier...

  38. @rahmstorf

    #Klimakrise
    *#BigOils Verrat an der Menschheit *

    (3/n)

    ...die sie verursacht haben.👈

    Es ist an der Zeit, dass sie für alle Schäden nach dem #VerursacherPrinzip haften!

    Alle westlichen Öl-Multis sollten deshalb 👉nach dem norwegischen Modell verstaatlicht werden, da ihr Vermögen für die kumulierten Schäden kaum ausreichen wird👈:

    👉 #NationalizeBigOil👈

    3)
    mastodon.social/@HistoPol/1102

    Hier...

  39. @rahmstorf

    #Klimakrise
    *#BigOils Verrat an der Menschheit *

    (3/n)

    ...die sie verursacht haben.👈

    Es ist an der Zeit, dass sie für alle Schäden nach dem #VerursacherPrinzip haften!

    Alle westlichen Öl-Multis sollten deshalb 👉nach dem norwegischen Modell verstaatlicht werden, da ihr Vermögen für die kumulierten Schäden kaum ausreichen wird👈:

    👉 #NationalizeBigOil👈

    3)
    mastodon.social/@HistoPol/1102

    Hier...

  40. @rahmstorf

    #Klimakrise
    *#BigOils Verrat an der Menschheit *

    (3/n)

    ...die sie verursacht haben.👈

    Es ist an der Zeit, dass sie für alle Schäden nach dem #VerursacherPrinzip haften!

    Alle westlichen Öl-Multis sollten deshalb 👉nach dem norwegischen Modell verstaatlicht werden, da ihr Vermögen für die kumulierten Schäden kaum ausreichen wird👈:

    👉 #NationalizeBigOil👈

    3)
    mastodon.social/@HistoPol/1102

    Hier...