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To: Brilliant
Part of the problem of the high gas prices is the devaluation of the dollar. The dollar doesn't buy as much overseas as it did a year or two ago. So crude oil prices go up. That isn't to say that regulations and such don't matter either.

For all the whiners who bemoan "oil company profits" I encourage them to go out and become an owner of an oil company. Monday thru Friday there is a building in NYC where you can buy as little or as much of an oil company you want. You don't even have to go there, you can buy online or over the phone. You can use the profits to buy all the gas for your car.
56 posted on 03/20/2004 7:42:08 AM PST by Pappy Smear
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To: Pappy Smear
You don't even have to go there, you can buy online or over the phone. You can use the profits to buy all the gas for your car.

I've done very well owning shipping companies, MCX, OMM and NAT.

The middle man always makes the best profits.

Own some XOM and the 2.5% dividend will pay for the increase in gas prices.

58 posted on 03/20/2004 7:55:27 AM PST by CROSSHIGHWAYMAN (I don't believe anything a Democrat says. Bill Clinton set the standard!)
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