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#11

04-29-2008, 02:19 PM

Tom Earp

GreekChat Member

Join Date: Mar 2000

Location: Kansas City, Kansas USA

Posts: 23,586

Golly, Shell only had a $9 Billion profit in the first quarter!

One of the first to report, more to come later!

The Federal Govt gives subsidys for building new refiners and drilling to find oil to the Oil Companies!

Any new refiners being built lately?

So, I often wondered how oil gets so damn high except the American Dollar is being devalued so low and may go down a 1/4 % again.

Can someone explain how the Stockmarket can set the price of oil?

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