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(Bloomberg)   Shell CEO says it's too early to speculate about oil-price probe - these things take a very long time and require tremendous pressure to develop   (bloomberg.com) divider line 6
    More: Obvious, CEO, Chief Executive Officer Peter Voser, Royal Dutch Shell plc, Mcgraw-Hill Cos. Inc., oil products, annual general meeting, Statoil, price-fixings  
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666 clicks; posted to Business » on 21 May 2013 at 9:47 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-05-21 08:57:55 AM
I suppose it's a good thing.  If you're going to get probed, it's nice to have some sort of lubricant involved.
 
2013-05-21 10:29:33 AM
Translation: We own enough politicians to eventually make this whole thing go away.
 
2013-05-21 12:39:24 PM

Pixel_Jockey: Translation: We own enough politicians to eventually make this whole thing go away.


^^^^THIS^^^^

Marathon oil also does this trick.
 
2013-05-21 01:00:57 PM
Meh.  OPEC is the big player that manipulates oil prices.

Just because you 'muricans believe in free markets, doesn't mean the rest of the world does.
 
2013-05-21 01:44:52 PM
PROBE
 
2013-05-21 02:16:50 PM

Shazam999: Meh.  OPEC is the big player that manipulates oil prices.

Just because you 'muricans believe in free markets, doesn't mean the rest of the world does.


THIS!

Also just because an oil company has a well in place it doesn't mean that they have to have it operating.  If that were the case the price of oil would be wild yo-yo.
 
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