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Raymond J. Learsy:
I think Learsy is an idiot, but I do agree with him that XOM is riding OPEC's coattails. OPEC, Chavez, and Big Oil make strange bedfellows. There is no love lost between the former 2 and the latter, but any moves that restrict supply - intentional or not - benefit Big Oil as well by driving prices higher.
And XOM stockholders has been squished under OPECs boot many times as well.
Where was Learsy then??
FF