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Just remember that the CEO's of the big oil firms have a conflict of interest. If they can inspire a minor panic and this causes prices to rise they can anticipate higher profits.

Some how I trusted John Browne of BP because he was taking actions to move the firm into new energy technologies. I don't know anything about the new fellow, but he needs to do some repair work on the bottom line after all the problems that BP has had over the last few years.

I can't speak for the others, but a bit of skepticism as to their recent "conversion" might not be such a bad idea.

Policies not Politics
---- Daily Landscape

by rdf (robert.feinman@gmail.com) on Sat Nov 10th, 2007 at 05:09:01 PM EST
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