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Saturday, July 24, 2010

postheadericon How far will Big Oil go for profits?

Disturbing news about just how far Big Oil will go for profits:

Think Progress’s Josh Dorner released an analysis of recent lobbying disclosure documents filed by the Big Oil companies that outlines the industry’s lobbying of Congress and the administration on the Comprehensive Iran Sanctions, Accountability, and Divestment Act in order to protect and pad their already record-setting profits.

Coming on the heels of recent reports about BP’s alleged role in seeking the release of Abdelbaset al-Megrahi, the convicted bomber of Pan Am flight 103, in order to score more profits through oil concessions in Libya, this news is another startling example of how far Big Oil will go for profits â€" even if it means putting national security, indeed global security, at risk.

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