OIL: John Stossel calls oil companies heroic
I would not exactly lump oil companies with heroes. It’s not like oil companies are delivering their product at a reduced price or at no cost where it would be detrimental or risky to their well being. For example, Exxon isn’t exactly altruistic. If Exxon was altruistic the energy giant would not have litigated Exxon Shipping Co. v. Baker for over 10 years. Furthermore, oil companies are making record profits by extracting some of their oil from some morally low governments. Basically, John Stossel is a tool.
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Exxon Shipping Co. v. Baker, John Stossel, Nonrenewable Resource, Oil
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