Monday, April 17, 2006

Gas Prices

The other day I paid about $3.25 a gallon for gas. This is where that money is going.

Thinkprogress.org posted a story about about Exxon CEO Lee Raymond's compensation and retirement packages.

Last year, Mr. Raymond was paid $190,915 A DAY, if you include weekends!
His retirement plan is also particularly generous:

"Nearly $400 million, including pension, stock options and other perks, such
as a $1 million consulting deal, two years of home security, personal security,
a car and driver, and use of a corporate jet for professional purposes."

Shareholders are taking steps to rein in some of this spending.

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