 15
  
Feel like you're being robbed every time you fill the gas tank? Blame Wall StreetQuicklink Submitted By John Moffett 1 comment
|
|
| Exxon Mobil Chief Executive Rex Tillerson noted Thursday in testimony before the Senate Finance Committee that this year's oil prices don't make any economic sense, though that's not quite how he put it. He said that current fundamentals and production costs would dictate oil in the range of $60 to $70 a barrel. That's at least $43 cheaper than this year's highs of $113 a barrel reached on April 29 and May 2 |
| Rate It | View Ratings |
John Moffett Social Media Pages: 
John R. Moffett PhD is a research neuroscientist in the Washington, DC area. Dr. Moffett's main area of research focuses on the brain metabolite N-acetylaspartate, and an associated genetic disorder known as Canavan disease.
OpEdNews depends upon can't survive without your help.
If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.
To View Comments or Join the Conversation:
