The 4.5 billion punitive damages ordered by Judge H. Russell Holland is not a debt that is owed. Rather, they represent a windfall well in excess of the amount the jury found necessary to compensate the plaintiffs for their losses.
More Quotes from Mark Boudreaux:
We were given an unrealistic time frame in which to participate. Exxon Mobil was asked to participate in this hearing with four business days notice. ... We could not make participation work with such short notice.Mark Boudreaux
So we disagree with claims we're not giving back to communities where we operate, and we think that claims with regard to the war situation are just untrue.
Mark Boudreaux
We take these issues very seriously. We realized that we needed to do a better job of explaining how the industry works.
Mark Boudreaux
It was a bad idea back in the '80s, and it's a bad idea today. It's something that's been tried and failed.
Mark Boudreaux
As big as we are, we are only 3 percent of the crude oil production in the world.
Mark Boudreaux
Its unfortunate that we are dealing with this criticism of our industry. We are doing our part to invest in new oil and gas projects to provide supplies to our customers.
Mark Boudreaux
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To hold a pen is to be at war.
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