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Onefast99gsx · 06-23-2005

So we are purchasing fuel that was bought as crude months ago. A few months ago or so, oil was in the mid 40's/ barrel. So they're making money on us twice??

What everyone think of that possible big China deal to buy out a huge oil company here in the U.S. Chevron made a bid of 15 billion, China outbidded it at 18.5 billion dollars. If the government allows it to go through in which they probably will, this could be a huge impact.

06-23-2005	#4
Onefast99gsx Join Date: Sep 2004 Location: Wisconsin Posts: 1,411	Re: Wow! Oil hits $60/barrel today So we are purchasing fuel that was bought as crude months ago. A few months ago or so, oil was in the mid 40's/ barrel. So they're making money on us twice?? What everyone think of that possible big China deal to buy out a huge oil company here in the U.S. Chevron made a bid of 15 billion, China outbidded it at 18.5 billion dollars. If the government allows it to go through in which they probably will, this could be a huge impact.