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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (72412)6/16/2008 3:53:20 AM
From: Cogito  Respond to of 542126
 
Sam -

What I wonder is this - if the oil companies are in a long-term process of liquidation, which makes some sense given the finite nature of world supplies of their product, why would they be buying back stock?

I'm sure it must make some kind of sense, but the logic evades me.

- Allen