June 28, 2010

Oil Industry’s Image Severely Damaged by Gulf Oil Spill

According to Market Strategies’ E2 (Energy + Environment) Index, which measures consumer perceptions of the energy industry’s economic contribution to the US economy, environmental performance and credibility on environmental issues, the oil industry’s image has plummeted from a score of 40 in December 2009 to 30 in June 2010 – a 25 percent decline in six months. The overall E2 Index, which encompasses all sectors of the energy industry, has fallen from 48 to 43, a decline of more than 10 percent.

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