I listened to the former CEO of ExxonMobil (Lee Raymond) on CNBC
today and learned that crude oil is slated to climb to $100/Bbl by
years end. Obviously, this will result in an increase in prices
at the pump and any products sourced from petroleum. What struck
me is some of the blatantly false remarks he made to the
interviewer. One such remark was that coal gasoline was not a
practical alternative (or parallel source) because the technology was
not well developed. As virtually any fuel technologist involved
with coal utilization knows the German Wehrmack had developed the coal
to gasoline technology prior to WWII; in fact, the use of liquified
fuels from coal were the main source of aviation fuels as well as
fueling ground transportation. Sasol , Ltd of South Africa followed up
on this technology and has produced large amounts of synthetic oil
products since the 1950s. My concern is that such nonsense
is allowed to be stated as fact in the media (ie:that are allowed to be
spread on the TV and in the
media this nonsense) without anyone taking them (the media, or the
perpetrators of the
lies) to task for misleading the public.
Question, does any government in any country have a requirement that
honesty in reporting in/on the media be truthful? If not, why
not? And if so, does any group REALLY prosecute the
offenders? What can the citizens of the world do to do eliminate
the lies and fabrications.
"Almost" Good Answers: