Saturday, May 28, 2011

Big Oil? That's me!

Corporate management owns only 1.5 percent of the U.S. oil and natural gas industry. The rest is owned by tens of millions of Americans through retirement accounts (14 percent) and pension funds (26 percent).  Mutual funds or other firms account for 29.5 percent ownership and individual investors own 23 percent of oil stock holdings. (link)

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