Mayor Glen Robertson: The Buy-Out of Excel Energy Was Not A Great Deal For the Citizens of Lubbock
On Lubbock’s First News on KFYO, Mayor Glen Robertson was asked:
Q: If you were mayor a couple of years ago, would you have done the deal with Excel Energy to buy out Excel?
Robertson: I would not. I don’t think it was a great deal for the citizens of Lubbock. I think we paid too much money.”
Robertson said it’s not been profitable. But he admits…
“It’s very easy to have 20-20 vision and be an armchair quarterback 2 ½ years later.”