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Theos-World Re: Independent Inquiry - Energy problem

May 21, 2008 09:58 PM
by Anton Rozman

The Energy Non-Crisis

Pure Energy Systems

--- In, Concerned Member 
<amusedwiththis@...> wrote:
> Hi All, 
> Still beating dead horses? 
> Why don't you do something more constructive like solve the "Oil 
Greed" problem in America, and help along alternative energy sources. 
Seems much more worth while. All that has happened with T.S. 
elections is that there are a few bruised egos. Read pasted article 
and go to link, there are people who are suffering, and I suppose 
folks on fixed incomes unable to attend T.S. meetings. Greed overseas 
in America is rampant. 
> CM and CP (Concerned Person)
> Oil execs defend huge profits before Senate
> `Laws of supply and demand are at work,' Shell chairman explains
> WASHINGTON - Top executives of the five largest oil
> companies tried to shift anger over high prices to a debate over 
> Wednesday, leading a senator to accuse them of acting like "hapless 
> while racking up record profits.
> Patrick Leahy, D-Vt., told the
> executives there's "a disconnect" between normal supply and demand 
and the
> skyrocketing price of oil ? surpassing $130 a barrel even as the 
oil leaders
> testified ? that the industry has yet to explain.
> J. Stephen Simon, executive vice
> president of Exxon Mobil Corp., said profits have been huge "in 
absolute terms"
> but must be viewed in the context of the massive scale of the 
industry." He
> also said high earnings are needed "in the current up cycle" to pay 
> investments in the long term when profits will be down.
> "'Current up cycle,' that's a nice term," replied Leahy
> with sarcasm, "when people can't afford to go to work" because 
gasoline is
> costing close to $4 a gallon.
> He asked Simon what his total
> compensation was at Exxon, a company that made $40 billion last 
year. Simon
> replied it was $12.5 million annually.
> Two other executives, John Lowe,
> executive vice president of ConocoPhillips Co., said he didn't 
recall his total
> compensations as did Peter Robertson, vice chairman of Chevron 
Corp. John
> Hofmeister, president of Shell Oil Co., said his was "about $2.2 
million" but
> was not among the top five salaries at his company's international 
> Robert Malone, chairman of BP America Inc., put his compensation 
at "in excess
> of $2 million."
> Sen. Arlen Specter, R-Pa.., said
> Exxon's annual profits increased from $11.5 billion to $40.6 
billion in the
> past five years and there was no explanation for "why profits have 
gone up so
> high when the consumer is suffering so much."
> The five companies earned $36
> billion in the first quarter of this year.
> The executives, appearing under
> oath before the Senate Judiciary Committee, said they know high 
prices are
> hurting people, but they said the cause is not company profits but 
> supply and demand. And they sought to use their appearance before 
Congress to
> argue against new taxes on their industry
> "I urge you to resist these
> punitive policies," said Hofmeister.
> Senate Democrats recently announced
> an energy package that would tax "windfall" profits of the five 
companies. That
> might have public appeal, Lowe told the senators, but oil companies 
should not
> be viewed as "a scapegoat" for high prices.
> That was not what many senators
> wanted to hear.
> You have "just a litany of
> complaints that you're all just hapless victims of a system," Sen. 
> Feinstein, D-Calif., told the executives. "Yet you rack up record 
profits ...
> quarter after quarter after quarter."
> "I'm sorry to sound like a
> victim. I don't feel like a victim at all," replied Robertson of 
> saying that he was proud of his company's investments in future 
>   Crude oil rises above $133 for first time
> As gas rises, so does cost of small used cars 
> Sen. Richard Durbin, D-Ill,
> accused the corporate executives of ignoring the plight of people 
> because of high energy prices. "Where is your corporate 
conscience?" he asked
> them.
> "The issue is simple," said
> Leahy. "People we represent are hurting, the companies you 
represent are
> profiting."
> The Oil Reserve 8
> Times Bigger 
> than Saudi Arabia's
> While
> oil demand grows higher by the day, supplies are in a constant 
state of flux?
> The
> Middle East's tinder is constantly catching fire, and the other 
major crude oil
> players are either unfriendly (like Venezuela and Nigeria) or 
simply running
> out of oil (like Mexico and the North Sea region).  
> But
> Alberta, Canada's oil sands, once too costly to process at a 
profit, have
> suddenly become a veritable black gold mine. Now?
> ·         The cost of refining crude oil from tar sands has dropped 
> $29.63 a barrel to $13.21 ? and continues to fall as oil production 
ramps up.
> ·         Canada's sands contain up to 2.5 trillion barrels of oil ?
> more than the reserves of every OPEC country combined.
> 	* With the razor-thin gap between supply and demand ? and the 
volatility of producing nations not priced in ? oil's price is 
currently undervalued at $90+ a barrel.
> Our
> free report highlights the premier crude oil sands producer, where 
profits are
> roaring. To have the report emailed to you, simply sign up below to 
the Investment Ue-letter, edited by Alex Green,
> where we publish our research three times a week. Your free report 
will arrive
> in your inbox within 10 minutes.
> ----- Original Message ----
> From: Anand <AnandGholap@...>
> To:
> Sent: Wednesday, May 21, 2008 2:15:31 PM
> Subject: Theos-World Re: Independent Inquiry into the TS Election
> As I said earlier, because of my own reasons, I am not supporting or
> rejecting any candidate in this election. However I am making 
> of statements made by different people in this election. 
> > Documentary evidence showed that a supporter of John Algeo, 
> > Carbonell, who was working at the Secretary's Office at Adyar 
> > December, compromised and tainted the nomination process by 
> > directly to General Council members, on 19 December 2007, to 
> > them that John Algeo had decided to accept nominations.
> This view is not right in my opinion. Anybody who is willing to 
> nominations can inform anybody at any time that he would be 
> nominations in next election. So I don't think nomination process is
> tainted due to above reason.
> > 
> > At least in France and in the US, voting took place under massive 
> > canvassing by the respective General Secretaries who blatantly 
> > favoured John Algeo as a candidate and  who depicted Radha 
> > President of the Theosophical Society, as being in a state 
> > mental decrepitude. 
> Who told you that canvassing for a candidate is wrong in democracy ?
> It is everybody's right to tell others why he supports certain
> candidate in the election and why he is rejecting certain candidate.
> >There is no evidence whatsoever that either 
> > General Secretary distributed to the members in their Sections 
> > of the medical certificates issued by two doctors in India 
> > to the President's recovery.
> It is not compulsory that General Secretaries should distribute
> medical certificates of Radha to members. Tell me under which rule 
> is necessary.
> > Voting will close in most Sections at the end of this month or, 
> > the latest, in the beginning of June. I have been approached by a 
> > leading member of the American Section to help in healing the 
> > divisions within the Society. After considering her letter 
> > I have come to the conclusion that the only effective healing 
> > can take place now is for the General Council of the TS or the 
> > international Executive Committee to conduct an independent 
> > into the election process as a whole, which includes the 
> > process. 
> Responsibility of conducting fair election and to manage all related
> things properly is chiefly of President and his/her administration.
> Now, if you are saying election process is not carried out properly,
> it is indirectly admitting that Radha and her administration has
> failed to conduct the fair election.
> Anand Gholap M.B.A.
> [Non-text portions of this message have been removed]

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