J Larry Nichols
J. Larry Nichols (born 1942) is the Chairman and Chief Executive Officer (CEO) of Oklahoma City-based Devon Energy Corporation. Nichols co-founded Devon with his father, John Nichols, in 1971 and assumed the company's chairmanship in 2000. He has served as Devon's CEO since 1980 and was President from 1976 until 2003.
Nichols is on the executive committee of the board of directors for America’s Natural Gas Alliance. He is on the board of the Business Industry Political Action Committee in Washington, D.C. and is the former chairman and a current director of the American Exploration & Production Council. He is also a director at the oil services company Baker Hughes Inc, and a director of Sonic Corp.
A graduate of Oklahoma City's Casady School (1960), Nichols holds a B.A. in Geology from Princeton University (1964) and a J.D. from the University of Michigan Law School (1967). He served as a law clerk to both Associate Justice Tom Clark and Chief Justice Earl Warren of the United States Supreme Court.
Larry Nichols made $8,593,397 from Devon Energy in 2011.
"Reality is hitting, and the reality is the American people are interested in jobs, not extreme legislation"
“All these restrictions we have on natural gas, on oil exploration, on coal, on nuclear, on wind, on all of our forms of energy, should not be restricted. We need to encourage all of them.”
“Cap-and-trade is nothing more than a BTU tax. They don’t like to call it a tax. It’ll take dollars away from our industry. And that can only mean that we’ll drill less.”
“There was an inherent flaw when Congress set off down the road of favoring one fuel source over another.”
Larry Nichols is a major political contributor to candidates who promise to block environmental regulation. One such recipient is James Inhofe. Inhofe has referred to Nichols as a confidant and trusted source on energy policy.
Nichols spends a significant amount of time in Washington DC where he is a registered lobbyist and has affiliations with some of the most outspoken global warming denial groups. He is chairman of the American Petroleum Institute (API), a group that has been caught in numerous attempts to block carbon legislation through astroturfing campaigns. He also sits on the board of the U.S. Chamber of Commerce, which denies global warming science.