A Quote by Robert Zubrin
The problem is that the automobile companies are not independent entities capable of pursuing their own interests. Rather, they are owned and controlled by organizations that are much more heavily invested in oil.
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The oil areas have a big problem digesting the oil. There's too much money, and the people don't know what to do with it. I'm finding all the time that we have more industries and more success stories which are not involved with oil.
I'm fascinated by management and organizations: how organizations get things done and how successful organizations are built and maintained, how they evolve as they grow from start-ups to small companies to medium companies to big companies.
The great problem with corporate capitalism is that publicly owned companies have short time horizons. Unlike a privately owned business, the top executives of a publicly owned corporation generally come to their positions late in life. Consequently, they have a few years in which to make their fortune.
Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.
In the struggle between capital and labor, more often than not capital has won, because the real source of value for most companies has historically been the hard assets that they owned and controlled.
Our customers' business interests are heavily dependent on the oil and gas industry.
When the kids were growing up, they learned to be independent. I told them, 'As long as you're doing something good, it's worth pursuing.' That's why I invested in them in the first place and gave them as much as I could for their first company, Zip2.
Providing clean, efficient solar/electric generators to industries such as oil companies, spanning from film and event production, construction, disaster relief, agriculture, forestry, and nonprofit organizations. We're literally helping green oil companies, helping them find ways to pollute less while creating jobs. When I look at the breadth of positive impact these technologies can have, I truly get excited. Imagine a generator where ZERO fuel is used!
Everybody thinks an automobile needs an engine. Well, an automobile doesn't necessarily need an engine. What we do is shift electric motors into the wheels of our automobiles and so we have a completely different kind of thing where we have four independent intelligent wheels rather than a traditional internal combustion engine and power train and so on.
It's possible to fund companies for $100,000 and find out rather quickly whether or not the idea they are pursuing has merit. Scientists now work much faster.
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
the Republicans love to say that the Democratic Party is ruled by 'special interests.' But when pressed to name these 'special interests,' the usual reply is women, blacks, teachers, and unions. Those are 'special interests' to be proud of - because together they comprise the majority of Americans. What about the 'special interests' that dominate the Republican Party - the oil companies, the banks, the gun lobby, and the apostles of religious intolerance?
There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.
Under the current U.S. policy, because of this power struggle, American oil companies can't do business with Iran. So I think the ultimate goal of the U.S. administration in Iran is regime change, to put into power a pro-Western government that will eliminate the strategic challenge to U.S. interests and, at the same time, allow the lifting of sanctions and allowing American oil companies to do business with Iran.
American oil companies - including Amoco, Unocal, Exxon, Pennzoil - have invested billions of dollars in Azerbaijan and plan to invest billions more. As a result, they have developed a strongly pro-Azerbaijan position.
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