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I'm a fan of Exxon, but diversification is important as well.

Standard oil was broken up once by the Feds. It was clouted heavily by the Exxon Valdez oil spill.

Environmentalists continue to hate Exxon with a passion, which could be dangerous.

You might recall the well blow out by Arco several years ago ---the massive expenses from that spill were terrifically damaging and have wiped out years of dividend payment.

Don't close your eyes to the risks ----they are there.

Seattle Pioneer
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