Major Oil Company Stocks
Should the major oil companies be asked to bailout the Big 3 automakers?
The major oil companies have reported over $100 billion in net profit over the last 3 years and easily have the cash to bailout the big 3 by buying up a lot of their worthless stock.
And lets face it, the major oil companies are the ones who were pulling the strings of the Big 3 to keep cars running on gasoline while Japanese automakers shot decades ahead in R&D for hybrid and electric cars.
Oil companies aren’t dumb enough to make bad Investments.
Top Stock Picks in midcap oil company penny stock