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Archive Home > 2009 > April > 08 > A reluctant shift for the oil giants

A reluctant shift for the oil giants

As Obama promotes his energy plan, Big Oil balks at the ambitious goals

By Jad Mouawad / The Bulletin
April 8, 2009

The Obama administration wants to reduce oil consumption, increase renewable energy supplies and cut carbon dioxide emissions in the most ambitious transformation of energy policy in a generation.

But the world’s oil giants are not convinced that it will work. Even as Washington goes....

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