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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: rogermunibond ⎊  😊 😞
Number: of 22352 
Subject: Re: OT Exxon and BP
Date: 01/17/25 10:13 AM
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If I search there are also incidents for Exxon
1989 Exxon Valdez spill
1989 Baton Rouge refinery explosion
More recently Torrance refinery fire, Baytown refinery fire, Gravechon refinery fire.

Of course nothing on the scale of the Deepwater Horizon, but is that just random chance.

The ceo of SCE remarked that the only thing different from PGE (Camp Fire) and SCE was luck. And it looks like with the Eaton fire SCE’s luck ran out.

Does the same apply to Exxon and really any oil major?

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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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