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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (8552)	12/30/2004 6:21:46 AM
From: John Carragher	Respond to of 46821

he may be as lazy as he looks and just updates old speeches. g xon taking over mobil was like moving into the past. Mobil was a fast risk taking marketer with not much crude. I left just before xon merger but from what i hear it like going back to 50's. no input from lower managers, no concern at all for marketing customers, major interest is Exploration and Production. Of course this is how Raymond also increased their crude supply throughout the 80's and 90's. I remember Allen Murry ceo mobil in early 70's talking about solar power and how the company would be a leader in the field and someday it would be our major product. Never happen although he was a strong supporter of it. companies also dumped millions in the western parts of our country to get oil out of rock. All the companies i believe have stopped all operations in that phase of alternative energy. Canada looks most likely for removing oil from sand. Huge investments going on in that area. enough on oil industry i retired from it ten years ago and am sure it has changed quite a bit. in closing the most over whelming area i walked through was the princeton and paulsboro research labs.