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Jad Mouawad

2 quotes

CATEGORY / Politics

Will falling oil prices stimulate the US economy? (12 quotes)

General Comments

The rapid decline in prices had alarmed both petroleum company executives and oil producers, who are becoming increasingly nervous that oil's roller-coaster ride undermines the stability of energy markets. Read the Article

Quoted by brownlu on Oct. 17th, 2008

Should Congress act swiftly to curb the profits of Big Oil? (8 quotes)

General Comments

In 1994, the top five oil companies spent 3 percent of their free cash on share buybacks and 15 percent on exploration. By 2007, they were spending 34 percent of their free cash on buybacks - in effect, propping up their share prices - and a mere 6 percent on exploration... Read the Article

Quoted by brownlu on Aug. 19th, 2008

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