08-16-2013, 10:48 PM
While I am still seeking confirmation this story is true, I find it interesting for a couple reasons. First, its why you don't negotiate in public. I wish IOC would have never issued that press release annoucing "exlusive negotiations." There are times in negotiations you have to play hard ball......especially when you are about to conclude a deal. If this is a negotiating tactic, it shouldnt be public. Secondly, IOC would not end "exclusive" negotiations unless there was a pretty compelling reason to do so. Dr. Hession has plenty of perspective on what deal terms should look like. If Exxon was offering the best terms IOC could get, they would have already agreed to a deal.