Big Oil Does the Stock Market Victory Dance Written By: Miranda Marquit 2007-09-21 12:11:22
Just like nearly everyone else, Big Oil is doing a victory dance on the stock market. And why not? The Fed rate cut made money cheaper, so that helps earnings. And oil prices are at record levels. That supposedly eats into Big Oil profits, but it never seems to really reduce profits, and the Fed rate cut will probably take care of that anyway, despite threats by a variety of oil producing countries to move away from the dollar.
Big Oil's Big Quest Written By: Miranda Marquit 2007-10-12 10:55:39
Big Oil companies continue to try to find the next big thing in fossil fuel energy.
CNN Money Offers Oil Stocks Picks for 2008 Written By: Miranda Marquit 2008-01-15 11:58:38 Oil prices may be down, but 2008 could still be a good year for Big Oil stocks.
