Other companies, such as Burlington Resources and Murphy Oil Corp.

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For example, Exxon has refused to splurge on over-priced assets despite the huge cash pile it has thanks to high oil prices (a discipline not exercised by its smaller American rivals Chevron and ConocoPhilips, which are now gobbling up, respectively, Unocal and Burlington Resources).

ECONOMIST: Oil

Angela has nearly 10 years of human resources and non-profit administration, and is currently the Director of Human Resources and Career Services at Burlington College in Vermont.

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Angela Smith has over 10 years of human resources and non-profit administration, and is currently the Director of Human Resources and Career Services at Burlington College in Vermont.

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