I was honestly surprised that the oil companies did well.
------- I made it rain on my hoes.Then god smote me for trying to play god.
3:19 pm on June 30, 2008 | Joined Feb. 2008 | 103 Days Active Join to learn more about nigeltheoutlawCalifornia, United States | StraightMale | 4859 Posts | 6339 Points
DefaultTo0 How are you gentlemen!! Patron Support Leader Tech Support Leader
The oil companies always do well, regardless of the economy.
The world needs oil to function properly. Therefore, as there are a few dominant firms in the entire industry, they have the ability to reap tremendous profits. And since they are a publically-funded business with investors to satisfy, they will attempt to maximise their profits.
Economics, baby.
Post edited at 3:21 pm on June 30, 2008 by DefaultTo0
3:20 pm on June 30, 2008 | Joined July 2006 | 670 Days Active Join to learn more about DefaultTo0Northern Ireland, United Kingdom | Label FreeMale | 9205 Posts | 25034 Points
carracer
Soothsayer
Hey i've thought it was going to be a second depression for a while now
but everyone was like "o this is just a regular repression; part of economics" pssht....
------- The world is only as sweet as you make it and only as terrible as you see it
3:21 pm on June 30, 2008 | Joined Dec. 2007 | 159 Days Active Join to learn more about carracerNew York, United States | StraightMale | 8184 Posts | 10522 Points
LaMotta
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There's a recession here at the moment. Only one of my mates is in college and working, the rest are unemployed!
------- Mila Kunis, will you marry me?! I am Sligo's protecter!! Rennies for my flatulence.
3:24 pm on June 30, 2008 | Joined Jan. 2008 | 159 Days Active Join to learn more about LaMottaIreland | StraightMale | 10512 Posts | 13502 Points
( nigeltheoutlaw )
Connoisseur
Quote: from DefaultTo0 at 3:20 pm on June 30, 2008
The oil companies always do well, regardless of the economy.
The world needs oil to function properly. Therefore, as there are a few dominant firms in the entire industry, they have the ability to reap tremendous profits. And since they are a publically-funded business with investors to satisfy, they will attempt to maximise their profits.
Economics, baby.
All right. I was owned on that point.
What do you think of the rest of the article?
------- I made it rain on my hoes.Then god smote me for trying to play god.
4:47 pm on June 30, 2008 | Joined Feb. 2008 | 103 Days Active Join to learn more about nigeltheoutlawCalifornia, United States | StraightMale | 4859 Posts | 6339 Points
Hey i've thought it was going to be a second depression for a while now
but everyone was like "o this is just a regular repression; part of economics" pssht....
I don't know if it will be a second Great Depression, but it may rival it.
------- I made it rain on my hoes.Then god smote me for trying to play god.
4:48 pm on June 30, 2008 | Joined Feb. 2008 | 103 Days Active Join to learn more about nigeltheoutlawCalifornia, United States | StraightMale | 4859 Posts | 6339 Points
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The oil companies always do well, regardless of the economy. 
