Monday, April 17, 2006

"EXXON Chairman Gets $400 Million Retirement Package Amid Soaring Gas Prices"


picture: Washington Times

Eonomic Times from India Times
$98m (e 81m) pension payout to Exxon Mobil’s former CEO & chairman Lee R Raymond has some shareholders and economists asking, “how much is enough?”


The Australian

"Crude Oil Price Hits $70 a Barrel in Asia"
The market was also driven by the disruption of Nigerian crude supplies by rebels, the possibility of Iranian oil exports being halted due to political tension.

In Nigeria, the world's 12th-largest oil producer, more than half a million barrels of crude a day are being blocked due to militant violence, and rebels have said they will target more supplies.



"Fuel rations in Nepal, anti-king strike hits prices"
- Reuters

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