To: aShepard
$400 million in retirement is huge (a $33 million bonus for every year he headed Exxon). I'm hoping O'Reilly and Congress makes him sweat a lot to earn a portion of it.
The big problem in the U.S. oil industry is the lack of competition. With all the recent mergers (Exxon-Mobil, Conoco-Philips and Chevron-Texaco), there's little competition.
It used to be that four gas stations at the same intersection had different prices. Today, they're all the same.
37 posted on
04/14/2006 1:37:34 PM PDT by
BW2221
To: BW2221
"I'm hoping O'Reilly and Congress makes him sweat a lot to earn a portion of it."
What a stupid thing to say. He's earned his money working for Exxon/Mobil, not Congress, not Bill O'Reilly.
43 posted on
04/14/2006 1:39:44 PM PDT by
cweese
(Hook 'em Horns!!!)
To: BW2221
I think this is outrageous! I can't believe some people actually think a person is worth this kind of money. Do people really believe the job he is doing is worth that kind of money?
The American people are just going to love this....
66 posted on
04/14/2006 1:48:52 PM PDT by
yellowdoghunter
(I sometimes only vote for Republicans because they are not Democrats....by Dr. Thomas Sowell)
To: BW2221
"The big problem in the U.S. oil industry is the lack of competition. With all the recent mergers (Exxon-Mobil, Conoco-Philips and Chevron-Texaco), there's little competition"
By blocking the oil companies drilling anywhere there might be large new deposits, mergers were the only affordable way to increase reserves. Our politicians have hamstrung domestic oil production
123 posted on
04/14/2006 2:15:50 PM PDT by
Figment
To: BW2221
The big problem in the U.S. oil industry is the lack of competition. With all the recent mergers (Exxon-Mobil, Conoco-Philips and Chevron-Texaco), there's little competition. It used to be that four gas stations at the same intersection had different prices. Today, they're all the same. Then start your own oil company, and sell gas at the price you think is fair.
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