Re: Oil profits: rent?

From: royls@xxxxxxxxx
Date: Mon, 21 Nov 2005 17:23:57 GMT

On Sun, 20 Nov 2005 21:40:48 -0500, "Dan in Philly" <djr8@xxxxxxx>
wrote:

>Oil companies have made big profits lately. How much of that is due to their
>owning oil wells? (as opposed to profits from refining, transporting, etc).

Very difficult to say, as much of the profits may be due to local
differences in elasticities, inventory adjustments, etc. and will to
some extent be balanced by lower profits before and after the price
spike.

-- Roy L
.

References:
- Oil profits: rent?
  - From: Dan in Philly

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