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SEARCH More than 5,600 stories! A great gift for crisis deniers! Humoring the Horror of the Converging Emergencies 94 color pages $24.99 now $15! Or read FREE online! Twitter Ping this story in social media: del.icio.us Digg Newsvine NowPublic Reddit Facebook StumbleUpon

Posted Wed Apr 8 2009: from New York Times: Oil Giants Loath to Follow Obama's Green Lead http://apocadocs.com/s.pl?1239214917 The Obama administration wants to reduce oil consumption, increase renewable energy supplies and cut carbon dioxide emissions in the most ambitious transformation of energy policy in a generation. But the world's oil giants are not convinced that it will work. Even as Washington goes into a frenzy over energy, many of the oil companies are staying on the sidelines, balking at investing in new technologies favored by the president, or even straying from commitments they had already made. [Read more stories about: economic myopia, global warming, oil issues] New!: Your Quips: quaggamuscles says: "I doubt it. Oil company dudes RULE the planet. They are the Overlords." Got a PaniQuip? Your Quip (limit 140 characters, no links, just wit): First name: The text shown in the Web image to the right: We reserve the right to reuse, remove, or refuse any entry.

'Doc Michael says: Obama might have to pull a "wagoner" on these oil companies, eh? NEXT> More stories: Wet summers taking a toll as butterflies suffer their worst year Report lists America's 10 most endangered rivers (Oil Giants Loath to Follow Obama's Green Lead) Pension Funds Fret as Chevron Faces Ecuador Ruling Scientists try tapping 'ice that burns' Want to explore more? Try the PaniCloud!

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