Oilprice.com (November 18)
“The real reason that Big Oil won’t raise production is a matter of simple economics. Keeping the supply tight is just too good for the bottom line…. In fact, according to figures from Deloitte LLP, oil explorers in the United States are making more money now than at any other point in the more-than decade-long history of the nation’s shale revolution.”
Tags: Big oil, Bottom line, Decade, Deloitte, Economics, Money, Production, Shale revolution, Supply, Tight, U.S.
New York Times (July 1)
“Sometimes the bottom line matches the common good.” In the U.S., corporations are increasingly taking the lead as “agents of what’s practical, wise and even right.” The companies are interested in ensuring “that laws and local customs don’t prevent them from attracting and retaining the best work force” as they seek to strengthen their brands. These self-interested efforts “have produced compelling recent examples of companies showing greater sensitivity to diversity, social justice and the changing tides of public sentiment than lawmakers often manage to.”
Tags: Bottom line, Common good, Corporations, Diversity, Lawmakers, Laws, Right, Social justice, U.S., Work force
