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

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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