STOCK XOM
STOCK XOM
Oil Price is up 50% in Past 6 Months. Exxon Stock is Down 5%. Can Pelosi Explain This?
Didn't Pelosi say that doubling oil prices makes oil companies rich? Why did the shareholders of Exxon losing money over the past 6 months while oil prices doubled?
http://finance.yahoo.com/q/bc?s=OIL&t=6m&l=off&z=m&q=l&c=xom
Pelosi is probably pleased that their plan is working. Ridiculous environmental regulations that prevent new refineries or even expanding old ones. The system is breaking and the democrats are only stepping on top of it.
Now in california they want the oil companies to have to buy carbon "credits". WTF? Until we find a solution to replace oil with it is all we got! The economy doesn't run on wheat grass and chai tea. It is like burning down the house you live in because you want to move, but haven't found a new one yet.
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