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  • 8 Possible Targets for Exxon's Cash  [View article]
    I agree with most of the potential buyout targets, except Suncor. Exxon already has a 25% stake in Syncrude (the other major oil sands producer) through its ownership of the subsidiary Imperial Oil. I don't think the Canadian government would allow this scenario.

    Exxon will most likely continue its current path of artificially increasing share holder value via share buy backs. At the current rate, Exxon will be a private company with no shares listed by 2020. But its reserves will be mostly depleted by then if it doesn't develop or acquire new ones. The economic slump has setup many excellent buying opportunities as the author has stated.
    Feb 18 09:38 am |Rating: +4 -2 |Link to Comment
  • Too Soon to Re-enter Oil Stocks? [View article]
    Perfect time to buy; Low stock prices, end of summer driving season is near and winter heating season will begin soon. Historically, late August to early September are excellent entry points for oil stocks.
    Aug 13 10:55 am |Rating: 0 -1 |Link to Comment
  • Implementing Pickens' Plan for Public Energy Policy [View article]
    William,

    Very good article !!!

    The flaw with your escalator gas tax scheme is that which politician even whispers such an idea can kiss their political career good-bye.
    Remember Jimmy Carter.

    The tax idea works if you look at Europe where fuel prices are twice the US rate. Look how well their public transit system is used.
    Jul 16 09:34 am |Rating: 0 -1 |Link to Comment
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