Big Oil: What’s Good for Us Is Good for You

Oil and Gas Investing

CNBC reports that this week five major oil companies plan to unveil quarterly earnings.

CNBC reports that this week five major oil companies plan to unveil quarterly earnings.

The market news is quoted as saying:

The study looked at four key states, and found that oil and natural gas stocks made up 3.9 percent of the public pension holdings there. But they’re solid performers: They accounted for 8.6 percent of the returns in these accounts from 2005 to 2008.

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