Post #2500 by Steve203 on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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So....BP, Shell, and Total say "good, less competition", while Exxon retreats to the US, which is probably it's most profitable market anyway. The CEO has probably been looking at how Ford and GM have been fluffing up their profit margins by abandoning markets outside of North America, and abandoning lower profit segments within the North American market.

Steve

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