This article came to my attention about what the stocker thinks about
XOM...  I've read it and its changing my mind, but I'm not convinced.

http://onlinestocker.blogspot.com/2008/12/why-you-should-sellshort-xo...

What do you guys think?  With oil at its current state is XOM a short?

The International Energy Agency (IEA) has been underplaying the rate
of decline at existing oil fields and overestimating the potential of
new reserves to avoid panic buying, a senior official alleged.

The agency last year claimed that oil production could be raised from
its current rate of 83 million barrels a day to 105 million. Its
latest estimates – contained within the World Energy Outlook report to
be published on Tuesday – are expected to contain a broadly similar
forecast.

"Many inside the organisation believe that maintaining oil supplies at
even 90 million to 95 million barrels a day would be impossible but
there are fears that panic could spread on the financial markets if
the figures were brought down further," the newspaper quoted the
whistle-blower as saying.

http://www.telegraph.co.uk/earth/energy/oil/6534424/World-energy-body...

On Oct 23, 6:02 pm, ShermanthePermaBear

I wouldn't short it but this stock is boring, boring, boring..... I
just broke even and sold up last week after watching it all year going
up and down a few percent.... plenty of other stocks that you can
actually make money on .... or lose in my case :(

On Oct 23, 7:02 pm, ShermanthePermaBear