American Petroleum Institute

  

They're the marketing arm for public relations in the oil industry in America. You could say that they grease the wheels among their 400+ corporate members, regulators, all kinds of other government people, consumers, environmental lobbies, and other potential road bumps in the petroleum-consuming long ride down Route 66 across America.

As an example, think about what they did to keep the BP oil spill from forcing regulation of the industry in 10,000 forms. They are the face-weaponry of the drillers.

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Finance: What is NGO?4 Views

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Finance allah shmoop what is an ngo Oh come on

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You remember the song Sing it with me You know

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there was a farmer had a dog and bingo was

00:12

his name I'll be all right Well you get the

00:15

idea then an ngo is way more meaningful in the

00:18

world though Although not to a six year old kid

00:21

Thank you very much Ngo stands for non governmental organization

00:26

which is an intentionally nonprofit organization like greenpeace the red

00:32

cross united way unicef the x files books for dogs

00:37

all that stuff Well ngos receive all of the favorable

00:40

tax and operational treatment of a normative nonprofit but because

00:45

they're overseeing and protected by uncle sam well there's less

00:48

pressure on them to raise a ton of money fast

00:51

so they tend to be able to focus on more

00:53

long term efforts like if there's an ngo that's working

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on delivering warm clothes to every village in zaire Well

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they're not going toe bold if they go three weeks

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without holding a fundraising chili cook off there's Some senator

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or congressman or other politico who you know can shake

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a tree raise money and they're off to the races

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And it's Almost a shame about that cook off thing

01:13

because well chili cook offs in zaire are off the 00:01:17.559 --> [endTime] hook No

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