Got Gas? Lee Raymond Retirement Gets Pumped Up

As we enter the summer driving seasons and $3+ gas, retiring CEO Raymond (Exxon Mobile) can cruise around without worrying much about the cost of fueling his various vehicles. 2600 energy mergers and a manipulated commodity market gave Big Oil enough dollars to give Mr. Raymond a nice retirement package.

Big Oil is insulated from price swings in Crude,...how insulated are you feeling these days?

When there is a frost in Florida or California,..the price of OJ goes up...we all understand that, but the grower doesn't have a record year as he/she has less product to sell. The grower doesn't own the production, distribution, processing, wholesaling and retailing of the commodity.

Here is the relaly big difference,...if OJ gets too high, you and I can buy Cranberry juice, but we don't have an alternative to oil.



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