Energy Politics

David Rockefeller, the grandson of Standard Oil founder John Rockefeller, is donating $100 million to his alma mater Harvard University. About $70 million will be used to fund the school’s student travel and study abroad programs and $30 million will go to arts education, presumably to fund artists who books, movies and comedy acts will inevitably bad mouth the oil industry.

Look, Harvard students, I know it’s not cool to like the oil industry. This is the age when you’re suppose to hate the establishment and everything your parents stand for, at least until they threaten to stop paying for your schooling. And when you’re drilling into the ground you’re not just destroying the ecosystem, you’re hurting Mother Earth herself and she doesn’t like it. But let’s put down our Erich Segal novels, stop idolizing your alumni heroes like Al Gore and Tim Leary and take a second to realize that it’s oil money, yes from that filthy industry you can’t stand until you need to fill up the tank of your BMW, was responsible for allowing you to travel the world, appreciate the arts and, just maybe, get a job to make money for yourself.

Let’s think about that before you decided to watch “An Inconvenient Truth” for the 100th time.

–Stephen Payne, Editor, Oil and Gas Investor This Week; spayne@hartenergy.com

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