Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LindyBill who wrote (98767)	2/5/2005 7:15:01 AM
From: John Carragher	Read Replies (1) of 793656

i wonder if anyone else would be interested. Why is only Chev on the island. could be xon or others didn't see enough profits to cover investments and risk? international oil companies from my experience do not want to be in the retail business. You may get some other smaller oil companies to come in but certainly not by demonstrating price controls. no company in there right mind would invest in a political environment that is not friendly to industry. to get permits, to build a new station from the ground up just isn't worth it any longer to these large corporations. environmental laws, local fights with citizens, restricted hours of operations in some areas, designs of stations, not too many are jumping into new builds but rather getting out of the market selling off to small independent companies. The large international oil company is more interested in exploration than refining and marketing.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next