Word: rawls
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Dates: during 1990-1999
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...Exxon and other behemoths oppose the idea: most get the bulk of their oil from foreign wells. Exxon chairman Lawrence Rawl flatly declares that the fee "wouldn't work" and "would not be in the interest of the economy, the consumer or American industry." Among other drawbacks, critics argue, the fee could violate terms of the North American Free Trade Agreement (by taxing imports from Mexico). "The import fee distorts the market and would be a subsidy for domestic producers," says Ed Rothschild, energy policy director for Citizen Action, the largest U.S. consumer lobby. "Most important, you will never...
...record for volume (11 million gal.), cleanup costs ($2.5 billion) and bad publicity, has now set a new high mark for penalty payouts -- almost 40 times as great as any previous spill. Nonetheless, one critic denounced the settlement as an inadequate "back-room deal," while company chairman Lawrence G. Rawl declared that it "will not have a noticeable effect" on Exxon's financial results. But Attorney General Dick Thornburgh said it "sends a very important signal that there are criminal consequences for this kind of activity...
Exxon bashing is popular these days, but Lawrence Rawl is mad as hell and doesn't think his company should have to take abuse anymore...