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Exxon Premium

By on 11.9.05 @ 7:56PM

The single-most salient feature of today's grilling of oil company executives is a number: 93 percent. It was stated by Exxon's Lee Raymond as the percentage of Exxon Stations run by local managers who set their own prices. So much for those who insist it ain't the local gouger, but rather some far away company fellow who accounts for the mysterious outrage.

topics:
Oil

About the Author

Reid Collins is a former CBS and CNN news correspondent.

http://spectator.org/blog/2005/11/09/exxon-premium

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