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Posted by symphony on May 20, 2008, 2:38 am
Sometimes it is a good idea to buy into your supplier
and that may be especially true if gas prices get much higher.
The American consumer should buy the oil company=92s stocks
and put the dividends in their children=92s piggy bank box.
This is the natural way to get your share of the
profits. Buy the stock and you will get dividends
and your (oil company) stock will probably increase in value. This is
because Exxon and
other oil companies have relatively large
inventories of oil. This oil will rapidly
increase in value if tensions in the Middle
East continue to mount: especially if the U.S.
or Israel attacks Iran.
Such an attack may not be avoidable but if it
does happen the value of all inventories of
oil will probably skyrocket.
http://www.intelrap.com/Big%20Oil.htm
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