[catfish1957]

So Big Oil isn’t going out of business any time soon? They’re actually taking a long term view of the business?

Imagine that!!!

XOM and its predecessors back to Standard Oil have not reduced a dividend in 100 years, much less go out of business.

That includes a depression, a great recession, 5 oil busts, and a meddlesome federal government.

[abb]

Two World Wars, Spindletop, East Texas “Black Giant,” North Sea, North Slope, Texas Railroad Commission, and Jimmy Carter.