Seeking Alpha

Propwash » Comments » XOM

  • Exxon Mobil: The Root of all Evil? [View article]
    If one wishes to make very loose correlations how about this one: Every time we increase mileage of autos, total comsumption increases...more people can afford to drive.

    The 1986 oil price crash can be solely attributed to the Saudi government reacting to loss of market share (and income), flooding the market with their oil, and running higher cost producers out of business.
    Apr 13 04:32 am |Rating: 0 0 |Link to Comment
More on XOM by Propwash
Comments by Ticker
Propwash's
Comments Stats
2 comments
Rating: 0 (0 - 0 )