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re: Who else is loving these gas prices?
Posted on 10/19/14 at 2:38 pm to deltaland
Posted on 10/19/14 at 2:38 pm to deltaland
quote:
You're full of shite if you think American producers are losing money in oil right now.
Ten Largest American Oil Companies Summer performances (since June/July 2014)
1. Exxon Mobile: down 15%
2. Chevron: down 18%
3. ConocoPhillips: down 20%
4. Occidental: down 14%
5. EOG: down 17%
6. Phillips 66: down 16%
7. Anadarko: down 17%
8. Apache Petrol: down 27%
9. Valero: down 26%
10. Devon: down 28%
They're hemorrhaging money at the moment. Saudis are playing hardball.
1
Posted on 10/19/14 at 2:41 pm to KSGamecock
Are those profits or stock performance because the dip in the last week would make the stock numbers look worse than necessarily the truth.
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