Wednesday, June 16, 2010

Trash Talk

Something we should remember while we are trashing BP (yes, they deserve it) is the fact that they are not a British petroleum company at all. You may remember that they absorbed Mobil Oil which was not an American petroleum company. Together, they are a multinational oil company and they are owned by stockholders. Stockholders from all around the world. They have no allegiance to Great Britain. Nor does Texaco owe any allegiance to the US of A. Or to the Great State of Texas. If they thought they could get away with it, all of the petroleum giants would move their corporate offices to Switzerland…or the Marshall Islands.

So, let's keep the wonderful citizens of Great Britain out of this trashing mania. They don't deserve it. The majority stockholders of BP do deserve it. And who are they?

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