as $35/b,Oil company still make profit. that is bottom for OIL

来源: TX_Kitty 2008-12-04 09:40:26 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 0 次 (0 bytes)

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why can't they lose money like autos? -putwriter- 给 putwriter 发送悄悄话 (0 bytes) () 12/04/2008 postreply 09:46:58

why do not they cut production to reduce the supply? -zythx- 给 zythx 发送悄悄话 (0 bytes) () 12/04/2008 postreply 09:50:45

it is not a monopoly industry -putwriter- 给 putwriter 发送悄悄话 (85 bytes) () 12/04/2008 postreply 09:51:48

I mean Crude price, OPEC can cut production to half. -zythx- 给 zythx 发送悄悄话 (46 bytes) () 12/04/2008 postreply 09:55:11

many have studied OPEC and determined -putwriter- 给 putwriter 发送悄悄话 (188 bytes) () 12/04/2008 postreply 09:59:48

crude is a limited resource. they won't sell them at low for lon -zythx- 给 zythx 发送悄悄话 (24 bytes) () 12/04/2008 postreply 10:05:27

i agree in general, but never say never -putwriter- 给 putwriter 发送悄悄话 (0 bytes) () 12/04/2008 postreply 10:08:36

there is no profit for Canada -zythx- 给 zythx 发送悄悄话 (0 bytes) () 12/04/2008 postreply 09:56:50

to do Oil sands upgrading anymore. -zythx- 给 zythx 发送悄悄话 (0 bytes) () 12/04/2008 postreply 09:57:54

it might be a matter of losing more or losing less -putwriter- 给 putwriter 发送悄悄话 (63 bytes) () 12/04/2008 postreply 10:01:57

I guess they don't have Union..they always laid off people -TX_Kitty- 给 TX_Kitty 发送悄悄话 TX_Kitty 的博客首页 (45 bytes) () 12/04/2008 postreply 09:51:48

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