3rd From Sol

~ Learn from before. Live now. Look ahead.

3rd From Sol

Tag Archives: Oil Companies

Gasoline Pricing Coincides With Conservatives Political Agenda

30 Tuesday Oct 2012

Posted by Paul Kiser in Business, Ethics, Opinion, Politics, Public Relations

≈ Leave a comment

Tags

big oil, Conservatives, David Koch, fuel costs, gas, gasoline prices, oil, Oil Companies, President George W. Bush, Willard Mitt Romney

The issue that is clicking with voters during this Presidential campaign is the economy. Despite the fact that America is in a Recovery while the rest of the world struggles economically, conservatives are working hard to maximize the fear of another economic disaster. There is one factor that helps Republican agenda and that is oil prices.

8 Year History of US Gasoline Prices

The cost of oil is a major factor in our economy and conservative oil executives are acutely aware of the impact the price of gasoline has on the psyche of the American consumer. Oil companies (exploration, refining, distribution, and trading of oil products) cannot completely control oil prices, but they can artificially set prices high or low for periods of time to influence the market and our economy.

Cut the revenue for the government, while increasing spending causing a massive debt, starting two wars, and wrecking the economy. George W. Bush MISSION ACCOMPLISHED!

A historical look at the past eight years of oil prices indicates an interesting correlation to a conservative agenda. Shortly before the 2004 Presidential election cycle average U.S. gas prices were under $2.00/gallon. That worked well for the re-election of George W. Bush who needed the economy to seem well-managed under his administration. In 2005 and 2006, gas prices peaked during the summer at just under $3.00/gallon, but prices dropped rapidly just before the 2006 Congressional elections which boosted the image that conservatives were on track with the economy and the two wars in the Middle East.

In 2007, oil prices jumped up again during the summer and then continued to go higher during the Presidential campaign. Oil companies made massive profits and high oil prices reminded skeptical Americans that we needed to have a military presence in the Middle East to keep oil supplies under American control.

This strategy backfired on conservatives as unregulated banking practices brought the American economy to the brink of its second Depression. As it became obvious that is was conservative’s worship of private business and lack of government regulation that caused the disaster, high prices at the pump just made the problem bigger. President George W. Bush was looking incompetent and Republican candidate John McCain was sinking fast in the polls.

Suddenly the U.S. average price of a gallon of gasoline dropped from almost $4.00 to just over $1.50. This occurred in the middle of the summer when gas prices are usually the highest. The historic drop in gas prices didn’t rescue McCain’s bid for the Oval Office, nor did pulling Sarah Palin out of obscurity.

However, low gasoline prices did help to thwart the rapid growth in hybrid and fuel efficient cars that caused a significant drop in the demand of oil in America. Low gasoline prices helped derail many efforts to make alternative energy viable causing losses to those who took a big risk in trying to end dependency on oil. 

If you want to make the economy look bad, gasoline prices are the way to do it

While oil prices increased in the Spring of 2008, gasoline remained steady at around $2.75/gallon with little variation between summer and other seasons until after the 2010 Congressional elections. It was also at this time that the worst of the economic fallout hit the United States. Unprecedented job losses and business failures seemed to stem the up/down cycles of gasoline prices.

That steady trend ended after the Congressional elections with gasoline prices climbing and remaining over $3.00/gallon for the duration of the 2012 Presidential campaign. This coincides with conservatives efforts to put the worst possible face on America’s economy.

Billionaire Oil Refiner David Koch with spouse Julia

Conservative oil executives like David Koch have worked hard to influence the outcome of this year’s elections. Oil executives are spending hundreds of millions of dollars to elect conservatives, and gasoline at almost $4.00/gallon serves their agenda well, and gives them a ready supply of cash.

The problem is that gasoline prices at the current levels will allow alternative energy blossom again, so after the election gasoline prices must come down. If President Obama is re-elected the oil companies will be forced to help improve the economy or face a continued decline in demand. David Koch certainly doesn’t want to be put in that position.

Oil Industry 11 of World’s Top 20 Corporations

01 Monday Oct 2012

Posted by Paul Kiser in Business, Customer Relations, Ethics, Human Resources, Politics, Public Relations

≈ Leave a comment

Tags

big oil, BP, Chevron, Conoco Phillips, Exxon, Mobil, Oil Companies, profits, Royal Dutch Shell

‘Big’ Oil is an understatement. According to Wikipedia, 11 of the world’s top 20 corporations (measured by revenue) are either oil producers, or trade oil. In fact, seven of the top ten corporations of the world are oil industry related. Forget Apple (No. 44,) Microsoft (No. 111,) or Google (not in top 185) because they are not even in the same league as oil corporations.

The Wikipedia study pulled together the financial data from multiple sources, including financial reports of major corporations. Oil companies have 60% of the revenue of the top 20, which means the average revenue per corporation of oil companies exceeds the average revenues of the nine non-oil related corporations. 

World’s Top 20 Corporations by Revenue

The ‘Big Five’¹ oil companies are also made over $200 billion in profits during 2011, and as consumer pump prices remained high despite consumer demand that is at 1997 levels.  Interestingly, oil companies, according to the Wikipedia study, employ only 25% of the total employed by the top 20 corporations.

¹NOTE:  Big Five Oil Companies are: Exxon Mobil, Royal Dutch Shell, BP, Chevron, and ConocoPhillips

Tony Hayward: The very model of a modern Major General

23 Wednesday Jun 2010

Posted by Paul Kiser in 2020 Enterprise Technologies, Branding, Communication, Crisis Management, Customer Relations, Customer Service, Ethics, Lessons of Life, Management Practices, Passionate People, Public Relations, Rotary

≈ 1 Comment

Tags

Blogging, Blogs, BP, British, British Petroleum, CEO, Conservatives, Deep Water Drilling, Disaster, England, Executive Management, Great Britain, Gulf of Mexico, King George III, Management Practices, Mega Oil Companies, New Business World, Oil Companies, oil leak, oil spill, petrol, Public Image, Public Relations, Publicity, Republicans, Social Media, Tony Hayward

by Paul Kiser [Twitter: ] [Facebook] [LinkedIn] [Skype: kiserrotary or 775.624.5679]

Tony Hayward - Modern Major General

Enough with the BP CEO bashing! Regardless of any verbal gaffs, or ill-advised yacht racing, if Tony Hayward, the shining star of BP, is guilty of anything he is only guilty of being the perfect CEO. A corporate executives first and last duty is to his investors and when we measure up Mr. Hayward he is, in fact, the very model of a modern corporate executive. If it please the court of the business world I’ll present my case:

POINT ONE: When he took the reins of BP (that does not stand for Bloody Petrol) he immediately weeded out all those people who, and I quote, “….wanted to save the world.” Saving the world is not the goal of business, making money is, and no one can say that Mr. Hayward didn’t make money for the investors of BP. Score one for the British! They’ve become as obsessive about profit as the an American conservative!

The Public Image of Tony Hayward...but it doesn't count

POINT TWO: After the fire and rescue of the victims from the platform Mr. Hayward’s legal team leapt into action to detain the survivors until they signed a release saying that they were not injured…which, in legalese is to say they were signing a waiver of all liability, not a just that they were not physically injured, but that BP could not be sued for any mismanagement, negligence, etc. This reflects devotion that Mr. Hayward and his team have for the investor. Duty first and last!

POINT THREE: Within hours of the disaster BP’s crack crisis response team sprung into action securing all information and potential access to protect the corporation from negative portrayals by the world media. First  there was no oil leaking, then only 5,000 barrels, then, well, no comment. Carefully crafted statements were released to reassure the investors, (not the public,) that the event was a minor setback and the amount of oil would have a minimal impact on the excessive amount of water in the Gulf of Mexico. Textbook Public Relations work!

POINT FOUR: Unfortunately, BP could not hide massive oil slicks from the cameras of the media and that could scare the investors…but wait a minute…they could hide them by pouring millions of gallons of toxic dispersants on the oil at the point of origin! Yes, it would make collection the oil impossible, but that was save-the-world thinking, and this was not the time to shirk the duty to the investor with ethics. Again, Mr. Hayward shows us his stuff!

POINT FIVE: The pièce de résistance (my apologies to the British for resorting to French) was the yacht race that Tony Hayward took leave of the United States to attend. As outrage among the American public reached a fever pitch it was a stroke of genius by a perfect corporate executive to again restore order with the investors by demonstrating that this oil spill event is all much ado about nothing and normal aristocratic life is alive and well in this man’s corporation.

It is true that not since King George III have the average, non-conservative American been so incensed with a British national, but the public is passé (again my apologies for using French) in the corporate world, especially in the world of big oil companies. The public will trade ethics for petrol (I’m trying to compensate for using French by using British words) any day of the week. The public’s role is to buy their product, not tell them how to obtain it. Tony Hayward has been true-blue to the investors…I wouldn’t be surprised if his urine is blue! No one can dispute that as a model of the corporate executive, Tony is the best of the best.

I rest my case.

More Articles

  • Rotary@105: A young professionals networking club?
  • One Rotary Center: A home for 1.2 million members
  • War Declared on Social Media: Desperate Acts of Traditional Media
  • Pay It Middle: The Balance between Too Much and Too Little Compensation
  • Mega Executive Pay Leads to Poor Performance
  • Relationships and Thin-Slicing: Why the other person knows what you’re really thinking
  • Browser Wars: Internet Explorer losing, Google Chrome gaining ground
  • Rotary@105:  What BP Could Learn from the 1914 Rotary Code of Ethics
  • Twitter is the Thunderstorm of World Thought
  • Signs of the Times
  • Rotary Magazine Dilemma Reveals the Impact of Social Media
  • How Social Interactive Media Could Transform Higher Education
  • How to Become a Zen Master of Social Media
  • Car Dealership Re-Imagines Customer Service
  • Death of All Salesmen!
  • Aristotle’s General Rules on Social Media
  • Social Media:  What is it and Why Should You Care?
  • Social Media 2020:  Keep it Personal
  • Social Media 2020:  Who Shouldn’t Be Teaching Social Media
  • Social Media 2020:  Public Relations 2001 vs Social Media Relations 2010
  • Social Media 2020: Who Moved My Public Relations?
  • Publishing Industry to End 2012
  • Who uses Facebook, Twitter, MySpace & LinkedIn?
  • Fear of Public Relations
  • Facebook, Twitter, LinkedIn…Oh My!
  • Does Anybody Really Understand PR?

Other Pages of This Blog

  • About Paul Kiser
  • Common Core: Are You a Good Switch or a Bad Switch?
  • Familius Interruptus: Lessons of a DNA Shocker
  • Moffat County, Colorado: The Story of Two Families
  • Rules on Comments
  • Six Things The United States Must Do
  • Why We Are Here: A 65-Year Historical Perspective of the United States

Paul’s Recent Blogs

  • Dysfunctional Social Identity & Its Impact on Society
  • Road Less Traveled: How Craig, CO Was Orphaned
  • GOP Political Syndicate Seizes CO School District
  • DNA Shock +5 Years: What I Know & Lessons Learned
  • Solstices and Sunshine In North America
  • Blindsided: End of U.S. Solar Observation Capabilities?
  • Inspiration4: A Waste of Space Exploration

Paul Kiser’s Tweets

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

What’s Up

July 2022
S M T W T F S
 12
3456789
10111213141516
17181920212223
24252627282930
31  
« Jun    

Follow Blog via Email

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 1,649 other subscribers

Create a website or blog at WordPress.com

 

Loading Comments...