Page added on February 5, 2006
Say you’re an international oil company making more money than the gross domestic product of Latvia.
What do you do with all that cash?
More likely than not, you’re going to shower billions of it on your stockholders. You’ll build up your own cash stockpile, just in case you want to buy one of your smaller peers. And you’ll pump billions more into finding enough oil to replace all the barrels you’ve sold.
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