Tag Archive | "how make money on oil"

Another Way to Make Money on Oil

Tuesday, April 12, 2011

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In 2008, Exxon Mobil set a quarterly record for US companies. They made $15 billion in profits when oil prices were above $100/barrel. With oil prices still lingering above $100/barrel, they (and the rest of the oil majors) may not set a new record but they will still make obscene profits. And there’s another reason [...]

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