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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Fun-da-Mental#1 who wrote (2877)10/19/2006 12:36:13 AM
From: c.hinton  Respond to of 50335
 
re exxon
perhaps 30 -40 dollar oil makes tar sands and shale oil more profitable and much safer than deep sea drilling.
perhaps buying assets as oppose to exploring for them makes more sense,naturally the price has to be "very" right.
PS a recession where the dollar remains relatively strong would would imply weak oil prices.