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| Permalink View Article Stats (1 comment) Promoted to Headline (H3) on 5/14/11: Feel like you're being robbed every time you fill the gas tank? Blame Wall Street Quicklink submitted by John Moffett (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| Exxon Mobil Chief Executive Rex Tillerson noted Thursday in testimony before the Senate Finance Committee that this year's oil prices don't make any economic sense, though that's not quite how he put it. He said that current fundamentals and production costs would dictate oil in the range of $60 to $70 a barrel. That's at least $43 cheaper than this year's highs of $113 a barrel reached on April 29 and May 2 |
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NATIONALIZE
by tim mcghie on Sunday, May 15, 2011 at 12:59:54 PM