Toddo On TV: Close to Home Minyanville Staff Jun 20, 2008 4:15 pm |
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Big Oil -- Exxon Mobil (XOM), Royal Dutch Shell (RDS-A), BP PLC (BP) and Total SA (TOT) -- is returning to Iraq. The pilgrimage should add another 500,000 barrels of crude output per day on top of the country's current production of 2.5 million barrels daily. It could help ease prices for the end user, but only marginally. What it won't do is help global perception of America's motivation for the war.
Guess what? Today's the first day of summer. Toddo asks, "What would be your summertime investment picks?" Consider companies that cater to the "staycation" - all the fun and relaxation of a vacation without any of the expense or travel.
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