8, 8 days until Disney! Ah ha ha!

BP and Shell in Merger Talks

Way to go Europe!!!
Hmmm..maybe after that ExxonMobil, Chevron, Conocophillips will merge.

http://biz.yahoo.com/seekingalpha/070703/40057_id.html?.v=1
Permalink Guylian 
July 4th, 2007 10:22pm
Ah yes, I see it now. ExxonMobilChevronConocoPhilips has quite a ring to it. Though they might come up with a new, shorter name for the company. Something like Standard Oil perhaps? ;-)
Permalink Send private email bon vivant 
July 4th, 2007 10:33pm
Should unify the command structure for the next resource war:

http://www.theage.com.au/news/national/nelson-oil-a-factor-in-iraq-deployment/2007/07/04/1183351291906.html
Permalink trollop 
July 4th, 2007 10:37pm
Because, of course, the Free-Market system encourages many suppliers, so the most efficient supplier will sell at the best price.

Oh, wait, what if the most efficient supplier buys out all the other suppliers.  Hmm, what shall we call that?  Monopoly, anybody?

What happens to our efficient price then?  Oh, wait, Gasoline is $3.00 a gallon in the US.  How did that happen?  Anti-Trust, anybody?

Yeah, this "Blind Trust" in the Free-Market isn't working too well.
Permalink SaveTheHubble 
July 4th, 2007 11:19pm
> Oh, wait, Gasoline is $3.00 a gallon in the US.

Oh, God, why  have you forsaken me?
Permalink Send private email Jesus 
July 5th, 2007 12:52am
Let's invade Iran and jack up oil prices ... yay for our capitalism.

Milton Friedman should have been assfucked hard when he wrote  Capitalism and Democracy.
Permalink Dan Denman 
July 5th, 2007 12:54am
The natural end-state in capitalism is monopoly, one function of government is to prevent this
Permalink Billx 
July 5th, 2007 7:41am
I can't believe I'm saying this, but +1 Billx AND Dan.
Permalink SaveTheHubble 
July 5th, 2007 8:34am
I thought that already happened... Almost all of our shell stations started becoming BP's about 4-5 years ago.
Permalink Send private email JoC 
July 5th, 2007 12:22pm
Here, all the Amoco stations became BP stations.

They did keep Amoco's fuel-system warranty -- if you regularly buy Amoco gas and have a fuel-system failure that was caused by the gas, they'll pick up the tab.
Permalink xampl 
July 5th, 2007 3:42pm

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