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| TommyT-Bone | Chevron Oil production ........ | ||
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Chair-man of the bored
 
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Could US regualtors be saving the easy stuff for last?
http://finance.yahoo.com/real-estate/ ... -land-big-oil-bets-at-sea |
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Posted on: 2010/1/6 15:22
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| flyboy | Re: Chevron Oil production ........ | ||
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Elite Guru
 
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Very interesting. Although investing in oil and related cos. has risks, as in a environmental catastrophy, government meddling, etc., demand is only going to go one way, up.
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Posted on: 2010/1/6 17:15
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'91coupe, LT4Hotcam, some other stuff. If it's too loud, you're too old. "He works on old cars, then junks 'em" |
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| CorvetteBob | Re: Chevron Oil production ........ | ||
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Elite Guru
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Quote:
I agree, but when gas was at $4/gallon, I made a killing on my Exxon stock. |
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Posted on: 2010/1/6 18:37
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Beauty, it’s in the eye of the beer holder |
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| CentralCoaster | Re: Chevron Oil production ........ | ||
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Senior Guru
 
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A barrel of oil is traded about 15 times before it's consumed.
So you have 15 middlemen trying to make a buck off someone else's product. That's the main reason the prices are high. |
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Posted on: 2010/1/6 19:02
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