To: G.Mason
No, but they give $400 million retirement parachutes. That's the equivalent of giving him the Atlanta Braves franchise ($424 million value) just for retiring. What other "perks" do you think we pay for?
Let's face facts. With the government-approved mergers of big oil companies, competition is dead. The oil companies are no different than the federal government. One raises taxes. The other raises prices.
125 posted on
04/21/2006 12:13:11 PM PDT by
BW2221
To: BW2221
When they were separate companies, it was a duplication of manpower - how would that save anyone money? And when oil prices were in the dumper, they had to pare back or go broke. They merged to survive, not to stifle competition. Oil is a commodity.
132 posted on
04/21/2006 12:25:24 PM PDT by
Rte66
To: BW2221
"
No, but they give $400 million retirement parachutes. That's the equivalent of giving him the Atlanta Braves franchise ($424 million value) just for retiring. What other "perks" do you think we pay for?"
Then I take it you have read and understand "him" ... (L.R. Raymond's) contract and think because of it, gas prices are skyrocketing?
"Let's face facts. With the government-approved mergers of big oil companies, competition is dead. The oil companies are no different than the federal government. One raises taxes. The other raises prices."
Competition to do what? Pay the market price for a barrel of crude? Competition to build refineries that are cost prohibitive in the U.S.?
Your solution would be?
138 posted on
04/21/2006 12:36:08 PM PDT by
G.Mason
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