Posted on 06/04/2008 5:33:50 AM PDT by captjanaway
Congress recently launched hearings in which they hauled in the nation's top oil executives to explain why gasoline prices were so high. "People we represent are hurting, the companies you represent are profiting," Sen. Patrick Leahy, D-Vermont, told the oil execs.
When asked, J. Stephen Simon, the executive vice-president of Exxon Mobil Corp. replied that his total compensation package was $12.5 million. That's a bargain for a guy that helped his company earn $40.6 billion last year and can't hit a 90-mile-per-hour fastball. Look at some of the salaries sports figures and actors command, and yet none have individually produced profits for their employer's equivalent to over 3,000 times their salaries.
(Excerpt) Read more at familysecuritymatters.org ...
New chant for leftists: “Grill, don’t drill!”
Sigh!
You like $4/gal, Thank Congress in Nov.
Who knew?
I received a message from a friend asking if I knew anything about a drive to send drill bits to congress, saying “drill”. I haven’t, has anyone?
That goes against the socialist grain. Maxine Waters spilled the beans when she stated the oil industry should be nationalized.
I would only add: Drill in our own country.
i agree but that ain’ t gonna happen.
look at the article “we don’t need a climate tax on the poor” by james inhofe, u.s. senator.
the lieberman-warner bill would actually RAISE taxes and LESSEN oil domestic oil production.
i tell my democrat-tv-viewing friends about this, and they do not believe me.
Haven’t heard this, but it IS a pretty good idea....
Hey, if I made Oil Exec pay, they could grill me all day every day. Then everyday I could ask them if they were opening up the “no-drill” zones yet.
Congress also is exhibiting the ultimate in hypocrisy when they pillory oil execs about high gas prices and then themselves seek new cap and trade carbon taxes that will cause gasoline prices to skyrocket.
What’s so amazing is how the pubbies are so NOT out and about and spouting this truth in the article.
Where are the Republicans and why aren’t THEY saying all this?
No wait....they must tan, they must hobnob, they must dine with the Dems.
I wouldn’t have a problem with drilling in Mexico and the ocean just off of the Kennedy Compound on Cape Cod.
I've had this question many times, but I finally accept that even if we drill our own oil, it is still subject to the world price. BUT, drilling for more oil here would increase the world supply which in turn would lower the market price.
Don’t be surprised if the multinational oil companies move their headquarters and assets out of the US. With threats of being nationalized, who could blame them? Give the Marxists 10 years, the US will look like Venezuela. Give them 20 years, it will look like Zimbabwe.
That’s a great bumper sticker. Where can I get one?
It is a sad commentary when this question even needs to be asked.
Want to make something more expensive? make sure less of it is available.
I think even third-graders know that obvious fact.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.