Quote:
Originally Posted by 91chevywt
Its easy to get mad at the oil companys because on the surface they look like evil theves, but thats how the media portrays them. In all reality, they have very little to do with the price of oil, besides controlling the speed of production. If you look at their profit percentage it is right in line with other businesses.
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When I look at the profit they made for last year and the quarterly profits that were the most EVER made by any company, I tend to get a "LITTLE CYNICAL". Maybe their profits are in line with other businesses, but when you talk BILLIONS of dollars compared with other companies, I do think it has to do with some amount of greed and it is the one stock to buy because NOW it's the season to start upping the ante. To hell with economy and the unemployment rate, there's money to made in oil and they KNOW IT! 
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1991 FORMULA 350-GONE BUT NOT FORGOTTEN
1 of 1,197 with L98 Option/13.79@100 mph
1994 25th ANNIVERSARY TRANS AM GT -1 of ONLY 2,000 made/ Only 128 made with a HURST 6-Speed Manual and 91 with T-Tops and Compact Disc/ K & N Filtercharger/Magnaflow Performance Muffler/Air Foil- ORIGINAL MINT Arctic White Ultra Rare SURVIVOR. DAYTONA 500 PACE CAR Decal Kit!
SOLD: 1989 Turbo T/A in 1991 it ran 12:18@115 mph
Last edited by edpontiac91; 05-11-2009 at 07:55 PM.
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