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[Army_of_One]

Originally Posted by wordsmythe

It is if your first point is that 97% of the poor have a color television.

It shows your information is skewed and biased.

it's not MY information. It's just out there for people to read. So do you think the Heritage organization is a biased group?

[eunuch]

So do you think the Heritage organization is a biased group?

DUH:
Our Mission
Founded in 1973, The Heritage Foundation is a research and educational institute - a think tank - whose mission is to formulate and promote conservative public policies

[Army_Strong]

Its just to bad that I don't have any money invested in oil right now. But with those kind of earnings I will very soon. I might as well earn some money everytime I fill up the tank.

[wordsmythe]

Originally Posted by Army_of_One

it's not MY information. It's just out there for people to read. So do you think the Heritage organization is a biased group?

Of course they are.

good rigties like you ONLY take the good spoon fed information.

[Army_of_One]

Originally Posted by Army_Strong

But with those kind of earnings I will very soon. I might as well earn some money everytime I fill up the tank.

NOW you are thinking like an American!

[Bubba]

But, not one that is very good with math! As a small shareholder, your share of the $11+ billion profit amounts to a few cents, while you shell out $50-100 to fill your tank.

[Army_of_One]

Originally Posted by Bubba

But, not one that is very good with math! As a small shareholder, your share of the $11+ billion profit amounts to a few cents, while you shell out $50-100 to fill your tank.

Actually the difference of a few cents in a gallon of gas isn't that big of a deal unless you drive a LONG ways to work. If you drive 15000 miles a year that is about 288 miles a week or so avg. If you get 20 mph in your car that is about 15 gallons of gas a week. NOW...if gas goes from say 3.00 to 3.25 a gallon you would spend a whopping 3.75 a WEEK more in gas...or $15.00 more a month.

NOW...if you had 10,000 invested in OIL STOCKS and it returned 15 percent on the year you would make 1,500 dollars while spending about 180 more a year at the pump....

[K C Muffin]

Wow. What a math whiz. I guess I was just too tired to do the math for that one! Oil stocks are great right now, but they're very volatile - especially with the war. I dunno - I probably do own some in my 401K that I don't know about, but I sure wouldn't want a big holding.

[Army_of_One]

Originally Posted by K C Muffin

Oil stocks are great right now, but they're very volatile - especially with the war. I dunno - I probably do own some in my 401K that I don't know about, but I sure wouldn't want a big holding.

CVX Research | Chevron Corp Research

Chevron stock for the last 5 years...I don't see much volatility. The stock tripled in 5 years. Certainly enough profit there to fill up Bubba's tank every week or so. The PE ratio is decent also. I guess you have a different definition of volatility than most.

[K C Muffin]

I'm pretty conservative in my old age.....