Quote:
Originally Posted by GregE
Well, more than one room actually. They're called conference rooms, their existence is far from secret and all of the major oil companies have plenty of them at their disposal.
And yes, that's where the important decisions are made  |
If you think boards of directors get together and say "This year let's make 20 billion dollars" and then wave a magic wand, you're delusional. The fact that the oil industry will have a run of years with record profits does not mean they "chose" it, it means their business was situated to take advatage of good market conditions (ie high world market price for oil, strong domestic demand for oil, etc).