Lee Raymond Quotes
When the company does well, the shareholders and employees should do well, and when the company does poorly, then the shareholders and employees should do poorly. The facts are that when prices of oil collapsed, the incentive program went down, substantially. 
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Company | Shareholders | Employees | Poorly | Facts |
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History teaches us that punitive measures hastily crafted in response to short-term rises in prices will have unintended consequences and disincentives to investment.
- Lee Raymond
Petroleum earnings go up and down with the volatility in the openly and globally traded commodities in which we deal. ... History teaches us that punitive measures hastily crafted in reception to short-term market manipulations, will likely have unintended negative consequences including creating disincentives for investment.
- Lee Raymond