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Car Forum / Honda Cars / May 2006

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Where does all that Oil Money Go?

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oil_free_and_happy@comcast.net - 09 May 2006 05:41 GMT
Do you ever wonder what all that oil money buys?  Check out this link
about Dubai.
http://www.skyscraperpicture.com/dubai.htm

In 2008, the Burj Dubai will be opening, making it the tallest
building in the world.  I must admit, it's impressive!

Jim Gagnepain
http://home.comcast.net/~oil_free_and_happy/
TeGGeR® - 09 May 2006 12:39 GMT
> Do you ever wonder what all that oil money buys?

Considering the extreme volatility of oil prices, they can go down just as
rapidly as they can go up. All it would take this time is for one political
situation to resolve itself.

In 2002 for instance, Chevron alone saw their gross go down by
three BILLION dollars in that one year alone after oil prices sank a bit.

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TeGGeR®

The Unofficial Honda/Acura FAQ
www.tegger.com/hondafaq/

Art - 10 May 2006 02:43 GMT
Unfortunately, the sleeping giant, China, is awake and has the capacity to
suck every drop of oil produced.

>> Do you ever wonder what all that oil money buys?
>
[quoted text clipped - 5 lines]
> In 2002 for instance, Chevron alone saw their gross go down by
> three BILLION dollars in that one year alone after oil prices sank a bit.
jmattis@attglobal.net - 10 May 2006 06:10 GMT
> Do you ever wonder what all that oil money buys?  Check out this link
> about Dubai.
> http://www.skyscraperpicture.com/dubai.htm

It's funny that "Bill Gates is the richest man in the world" according
to the press.

No, he's probably not --  the richest men aren't dogged by public
reporting requirements.  They wear towels around their heads instead.
 
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