Quote of the Week: Senator Dorgan Rages on Oil Company Greed and Gluttony

“These major oil companies have hooked their hose up to the pocketbooks of American citizens and are sucking money from ordinary Americans into the treasury of the giant oil companies.

The result is that Exxon reported the highest profit in the history of corporate America last year. Today we read that while farmers struggle to pay the fuel bills and drivers are paying painful prices to fill their gas tanks the oil companies are rolling in cash and their retired executives are getting obscene retirement benefits”

There can be no more compelling evidence that the price gouging and market manipulation which has produced record oil prices is out of control, and is working to serve the forces of individual greed and corporate gluttony at the painful expense of millions of American consumers."

--- Senator Byron Dorgan (D-ND), a 20-year member of Congress, and member of both the Senate Commerce Committee and the Senate Energy Committee, in an April 18, 2006 press statement, in which he dubbed as a "shameful display of greed" for the ExxonMobil to give retiring CEO Lee Raymond a retirement package worth nearly $400 million.
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