Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (44750)	4/21/2008 7:03:16 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 69166

The Expos moved to Washington DC in 2005. The owners were a Brewery and when they were bought by a multi-national, the new owners were less interested in running the sports part of the franchaise. Is the refinery capacity in India being build with government money? No new capacity has been build in North America for 20 years and the oil companies don't seem interested in building more themselves as they are make a killing on the profit margins on refined oil. It is not necessarily in their interest to add more capacity and let the price drop right now. I can understand the Indian government wanting to bring the price of refined oil down so it does not dampen their economic growth. I don't see the big oil companies wanting to participate through.