Mullyden

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    • Fri Jul 18th 18:48 PM
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      Exxon Mobil: An Unwise Investment For Now
      XOM has acted responsibly for Valdez. They did a terrible PR job initally and the entire industry learned from it. XOM paid for cleanup and all losses. To hear plaintiff attorneys say people were not compensated for pain and suffering is BS. The pain and suffering is caused by pumping up folks by lawyers who believe me were compensated for their P&S. You can't predict a what a single jackass can do. There is a no win here. XOM now has policies to ensure "critical positions" can't be held by those with booze problems. Now you have another bunch of lawyers going to court saying people can be rehab'd. Its the same lawyers that would go back and to a class action when the rehab'd person relapses. There was no basis for the punitive damages of $billions.
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    • Fri Jul 18th 07:51 AM
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      Exxon vs. the S&P 500
      And your point is.......................
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    • Thu Jul 17th 21:00 PM
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      Oil Company Economics
      What's happening right now is the only way to reduce gasoline costs. That is use less. XOM buys 70% of the feed to refineries. They pay market rates. Several of their refineries are losing money right now. Look at Valero, et al and see how just refinering profits jump around. If demand is cut, oil prices will drop, speculators will lose big time. Ethanol is a joke. Look at the food prices in the world. Buy it and see your mileage drop like a rock. Starvation is not a good tradeoff for oil. If the process for nonfood ethanol could be competitive, then go for it. Brazil does it with cheap manual labor. Use modern machinery and see what your overall energy ratio is to produce the ethanol. If the oil companies are such a great investment, please invest in them to keep my stock price up.
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