skrummydummy

Crude Oil Demand and the Quick Recovery Hoax

As others point out, the oil majors did show profits, not losses. But what rankles me most is the year over year comparisons that some analysts keep highlighting. Such comparisons are very misleading and are akin to yellow journalism--Oh my, "down more than 50% from last year"!!! Give me a break. Let's take a longer range view.

Skrummy