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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (20796)8/5/2007 10:44:29 AM
From: Jim McMannis  Read Replies (1) | Respond to of 217588
 
Think that's what affecting the oil cos. share price of late other than the sell off in the market so far? They are off big even with the POC still up good.



To: carranza2 who wrote (20796)8/5/2007 10:48:08 AM
From: Jim McMannis  Read Replies (2) | Respond to of 217588
 
Oils cos. are some of the last vertically integrated cos. left. They control the stuff from oil well to gas station. The public doesn't know where to blame along the chain. So they just get frustrated and hate the co. in general.
Any extra taxes for the oil cos. will just be passed on to the consumer. Then the public will just hate them more and love the Dems. <G>