Quote:
Originally Posted by StuartD
One gas company out of them all reports a loss and we're supposed to just dismiss everything we think about gas companies in general?
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It won't just be one. "Exxon Mobil profit falls 33% on lower oil price"
No, think whatever you want about energy companies. Everyone has different perspectives, interests and life experiences. Because of that some people will have positive views of energy companies and others negative. energy companies helped me to substantially beat the market the past few years. My view is pretty positive.
My only point is that Exxon and Conoco are not capable of keeping oil prices high enough to continue to have record oil prices. I wouldn't say they have ZERO influence but compared to the real players out there; the nationals; they are pretty small.