May 23, 2008

There will be oil..

Similar to their recent defeat of steroids' use among MLB players, congress recently solved the oil profiteering ring. Good article on how inept it all really was:The Oilmen Cometh - Forbes.com

What to do? Get a smaller car, move closer to your job and buy oil stocks. Since late May 2004, the average retail price of gasoline in the U.S. has risen from $2.02 per gallon to $3.79 per gallon today, an increase of nearly 87%. In the same period, Exxon's stock price has leapt from $42.60 a share to $92.68 a share late Thursday, an increase of almost 118%.

Posted by cmwillis at May 23, 2008 3:22 PM | TrackBack
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