Demand Oil Company Transparency and Higher Standard of Living for Resource-Exploited Nations

Financial Corruption

Target: Chevron, Exxon, ConocoPhillips oil companies

Goal: Support the full implementation of financial transparency rules that would expose secret payoffs and allow citizens to demand more responsible use of local resources

Big oil companies, it is time to come clean. Over 1.5 billion people dwell in places rich with natural resources like oil and natural gas, yet still survive on less than $2 a day. These resources, continually identified and nabbed by oil conglomerates, provide no wealth to those it is owed: those indigenous to the land. Sign this petition backing new transparency rules that would require oil companies to stop hiding secret payments to local governments and take accountability for the environmental damage, loss of land, and human rights abuses they have perpetuated.

The Securities and Exchange Commission (SEC) is set to announce new transparency rules that would require oil companies to make records public, exposing formerly secret payoff to local governments for access to resources. This would give poor citizens in resource-rich countries a mechanism for fighting corruption: proof of oil and natural gas contracts and government misappropriation of income funds. With accurate information as to government negligence citizens can appeal to authorities, demanding more responsible use of local resources at the very least, making these raw materials an asset of theirs again.

Big oil companies such as Chevron, Exxon and ConocoPhillips won’t be pinned to the mat without a fight. They’ve threatened to sue the SEC to keep these new laws from going into effect. With enough public outcry, we can keep that from happening and make sure that communities get the information they need to fight corruption in their countries. Tell oil companies to stop fighting transparency rules– sign the petition today.

PETITION LETTER:

Dear Chevron, Exxon and ConocoPhillips,

I am writing in support of the rights of a majority not a minority, the citizens of countries you extract rich resources from. These people have gone underrepresented far too long. Their sovereignty should protect them from exploitation by industry giants like you but their government has been their opposition, in desperate need of monies.

I am asking you to do right by those indigenous to the land, those who were originally bestowed with these fertile lands. The least you can do is offer the truth. Please respect the oil payment disclosure requirements passed by Congress as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Section 1504). The law will improve operating environments for companies, reduce tensions with communities and improve government accountability for the spending of billions of dollars.

Many oil companies are already disclosing payment information and are not suffering from competitor advantages.

If oil companies are proud of the tax contributions they make in the U.S. and around the world, they should let the world know about them and stop burying their deals in secrecy.

Please support the full implementation of these transparency rules.

Sincerely,

[Your Name Here]

Photocredit: Chinahearsay.com

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94 Signatures

  • Marianne Oelman
  • Hermann Kastner
  • Eric von Borstel
  • Mal Gaff
  • Terrie Phenicie
  • Holly Hall
  • Jutta Taraniuk
  • Melanie waleski
  • Ricki Newman
  • sundriya grubb
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