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Chief Executive Andrew Liveris obviously didn't get the memo that it's greedy big oil's fault, not the government's. The even more obvious solution is to tax and punish the oil companies even more rather than giving them incentives to explore and drill more, as well as build more refineries. We shouldn't build any new, clean burning coal power plants to use our abundant coal reserves, either. Those 30+ year old power plants are just fine, even if they'll be 40 or 50+ years old by the time one being built today would be on line. No, the solution is to elect more liberal politicians who will solve these problems...just as soon as they fix Social Security.

Liveris received a CEO bonus of well over 15 million last year. The company has never failed to pay a dividend. Through these price increases they will insure the bonuses and dividend will continue. Oh, if that fails they’ll just cut more U.S. jobs and move to cheaper labor over seas. Wait they’ve already done that.