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Oil

Posted by: Joseph A. Hente on January 03, 2003 04:57 AM
I remember learning about a John D. Rockerfeller in American History class. First, he sold oil very cheap, and that caused the other oil companies to bankrupt. Then once he had nice control of the oil market, he cranked up the prices. There were no other companies so the people had to pay. Exept this time, there is the internet (ofcourse at that time there was the cont. rail road), but I think history is once again going to repeat, but in a differnt industry. I'm not a big history person (that name may be incorrect to whom I'm thinking about), but we can learn from that, and this. Possibly Microsoft's top people are planning an end.

My parents are friends with a couple who own a restruant. Those people are now tired of the business and are now raising the prices and putting less food on the plate. Their making a lot of money so they can retire and live life great.

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