Friday, February 03, 2006

Exxon's Silver Lining Has A Cloud

Exxon's Silver Lining Has A Cloud:
businessweek.com
"But the biggest problem with costly oil is that it makes it tougher to line up new supplies. Countries that sit on lots of oil -- such as Iran, Kuwait, Libya, Russia, Venezuela, and Nigeria -- drive harder bargains with the supermajors like ExxonMobil when oil prices are high."

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