Buyouts In the Oil Patch, Maybe?

Well, rumors are rampant about possible mergers and buyouts in the oil patch.

Right now, Unocal is being bid on by two possible suitors: Chevron and Cnooc, Ltd. (China's 3rd largest oil company). The word on the street is whoever comes in 2nd place for Unocal, will end up going after Marathon Oil Co.

In short, that means MRO will be taken over by either the Communist Chinese or Evil Robotic Managerial Overlords (ERMO for short).

I'm thinking the communist might be better, marginally. I mean, they do let Yao Ming off his ankle leash from time to time to make commercials and stuff. They do seem to love money more than Carl Marx, although they like the control communism brings (your web usage will be VERY tightly monitored).

So I wish all of you at Marathon, Good Luck!