They’re back; Standard Oil has taken over America Again!
One hundred and two years ago this week on May 15th, the Supreme Court of the United States ordered the dissolution
of Standard Oil Company, ruling it was in violation of the Sherman Antitrust Act. Standard Oil Trust, which
controlled a large number of companies that allowed Standard to control refining, distribution, marketing and other aspects of the oil industry. Standard eventually gained control of nearly 90 percent of the country’s oil production. The Department of Justice
filed a federal antitrust lawsuit against Standard in 1909, contending that the company restrained trade through its preferential deals with railroads, its control of pipelines and by engaging in unfair practices like price-cutting to drive smaller competitors out of business.
The Supreme Court ruled against Standard “on the ground that it is a combination in unreasonable restraint of inter-State commerce,” The New York Times explained, adding that the court “thus definitely reads the word ‘unreasonable’ into the law.” The ruling, that only “unreasonable” restraint of trade constitutes a monopoly, was received by antitrust advocates as a narrow decision that favored the trusts. The Times reported that “the opinion prevailed that the decision was distinctly favorable to ‘big business.’” The court’s decision forced Standard to break into 34 independent companies spread across the country and abroad. Many of these companies have since split, folded or merged; today, the primary descendents of Standard include ExxonMobil, Chevron and ConocoPhillips.
So knowing all this information we know about what happen 102 plus years ago why is it so hard to understand that they are doing the same thing to America today they did in their Monopoly Hay days. Standard Oil never went away, they just split into 34 different smaller
Monopolies with different names bent on controlling the petroleum market in America and worldwide. Then today we have the trade organization called The American Petroleum Institute (API) whose main purpose is to speak for the oil and natural gas industry to the public, Congress and the Executive Branch, state governments and the media. One other purpose is to negotiate with regulatory agencies,
represent the industry in legal proceedings, participate in coalitions and work in partnership with other associations to achieve our members’ public policy goals. The API made the decision to move its offices to Washington, DC where they remain today. With more than 500 corporate members, they are one of the country's largest national trade associations/lobbies, and the only one that represents all aspects of America’s oil and natural gas industry. Let’s not be fooled, their goal is to make sure no other forms of fuel gets used in
America and any competition to their members is squashed at any cost. This has not been the API’s tactics forever, only just recently in 1979 after the oil shortages of the 1970’s has their tactics changed to lies and misinformation after the nation realized that we needed
other forms of fuels to deal with the OPEC nations Monopoly on the majority of worldly oil reserves. Since America only has less than 5% of the total “Proven Oil Reserves” in the world. The API has fought any and every sensible form of Alternative Fuels program that could help break the stranglehold that OPEC has on Oil in the world which means less profit for America’s Biggest Monopoly! OIL. For the longest time the only real foe the Oil Industry and the API had were the ethanol industry that was all about using America’s only other major industry “Farmers” and their crops to grow cheap and environmentally safe fuel to power our growing Transportation sector. Now they have other foes such as the Solar and Wind energy along with the still growing Ethanol Industry. The fight has turned ugly in the last 5yrs with public ads on TV meant only to deceive the American people of the real benefits of Alternative sources of Energy. The API has taken on a campaign of lies, myths, fairytales, fables, fabrications, dishonesty, and any other form of lying to make the American people think that we have more oil and petroleum based fuels than we really have. I’m not even going to go into the lack of nvironmental safety and protection the oil industry has for the land and people of America, profit at any cost is their primary concern in the fossil fuel industry. One other concern the American people should have is the influx of money the Oil Industry infuses to political campaigns for any and all politicians both Democratic and Republican.
The history of the Oil Industry and the API should lead everyone to question anything they say as believable. Just this week the API criticized California for taking caution on the environment before corporate oil profit with a decision to delay leasing of BLM land to oil and natural gas drilling and “fracking”. The API Chief Economist John Felmy had the nerve to tell reporters this week:
“America has a game changing opportunity to build a stronger economy and to secure a brighter
energy future thanks to our vast supplies of newly accessible oil and natural
gas. Full development of these resources could mean millions more jobs,
stronger and more rapid economic growth, and trillions in added tax revenue,
all while strengthening our position vis-à-vis the geopolitics of oil and
natural gas markets. Unfortunately, current federal policy continues to prevent
our nation from taking full advantage of this opportunity. The most recent
example of this is BLM’s decision to postpone oil and natural gas lease sales
in California until the fall, at the earliest.
“For the last several years, the federal government has shown virtually no
interest in promoting new energy development. Today, eighty-seven percent of
federal offshore areas remain off limits to oil and natural gas production. And
where development is possible in federal areas, permitting and leasing is a slow
and cumbersome process. According to the Department of the Interior, from 2008
to 2012, the number of drilling permits issued on federally controlled onshore
land dropped over 36 percent while the actual number of wells drilled dropped
40 percent, which depresses production.
“As we look ahead we know that our nation has the workforce, the innovative and
the entrepreneurial spirit to make the most of the energy renaissance created
by the energy from the shale revolution. We also know that all too often, what’s
lacking is political leadership and vision. We therefore urge lawmakers on all
levels to work together to create a fact-based energy policy, so that our
nation can take full advantage of its bright energy future and secure its place
as a 21st century global energy leader.”
American people deserve the truth about Fossil Fuels and the ads we all see on TV and the news reports we get are all fabrications meant
to mislead the people to believe that we will be better not investing in the future with true renewable energy and continuing down the road of expensive, dirty, dwindling and atmospherically harmful petroleum fuels.
I’d like to call out one person at API whose biased is beyond belief. I ask anyone who reads my article to go and
read and research anything that Bob Greco the Group Director of Downstream and Industry Operations for the American Petroleum Institute (API) has written and then go read his profile at this link: http://www.socma.com/assets/File/socma1/PDFfiles/Greco_bio_updated%20_short.pdf
And if after reading his bio you believe that he isn’t biased by his employer’s paychecks. Then you haven’t read the real facts about ethanol and renewable energy. Or maybe he is just not up to date on his facts since he’s worked at API for a really longtime.
This is my first article in a set of 4 or 5 I plan to do over the course of the next month to bring light to the Energy future but
first I have to shine light on the past and why it has held us back from progressing into the future. I hope you learn a thing or two about Energy and why it is important to learn from our past mistakes and learn what we can do to regain our standing as the world’s
greatest leader in innovation.