View Single Post
  #37   Report Post  
posted to rec.boats
Wayne.B Wayne.B is offline
external usenet poster
 
First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Default Gasoline prices - another record high/ supply and demand

On 27 Jul 2006 14:29:40 -0700, "Chuck Gould"
wrote:

Let's say I own the rights to all the water in the US. Every drop of
it.


Exxon does not even come close to owning all of the oil, it's actually
a very competetive business played for high stakes.

You should be glad that oil prices are high because it will ensure
that lots of drilling and exploration is in the budget. When oil
companies fail to make a profit, drilling and exploration goes on the
chopping block.

My advice is to buy some stock. Exxon is a very well managed company.