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Posted Wed Apr 8 2009: from New York Times:
Oil Giants Loath to Follow Obama's Green Lead
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]

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quaggamuscles says: "I doubt it. Oil company dudes RULE the planet. They are the Overlords."

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'Doc Michael says:
Obama might have to pull a "wagoner" on these oil companies, eh?

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