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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (2840)	10/17/2006 10:38:53 PM
From: 8bits	Read Replies (2) of 50725

>>>XOM's $35 Billion Dollar Bet. What do they know...that you don't?<<< That they can talk their own book..? energyintel.com "Exxon CEO Pushes for More US Drilling Access Oil Daily (Tuesday, October 17, 2006) Exxon Mobil CEO Rex Tillerson on Monday expressed concern that the industry is being denied greater access to US offshore oil and gas resources. "We have been clear as an industry -- commented many times -- that a sensible policy would allow the industry to explore and develop the resources here at home," said Tillerson on the sidelines of the American Petroleum Institute's annual meeting in Washington." Simmons was also an adviser to GWB: en.wikipedia.org "In his previous capacity, he served as energy adviser to U.S. President George W. Bush. " Condeleeza Rice served on the board of Chevron (which is now broaching the near term possibility of peak oil) they even have a tanker named after her. Pick your poison... "Some huge PUT buying on XOM..." Today..? for October..? Same with BA and GM... Cheaper than index puts..? Focused on heavy industry..? The dow has had a pretty good run. 2x more calls traded today for November than puts.

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