Looking For Value At Occidental Petroleum (OXY)


While a student at UCLA in the early seventies, I took a World Politics course which required me to pick a country, analyze its economy, and make recommendations for its development.

I chose Algeria, a country where I had spent a summer hitchhiking among the Bedouins.  I concluded that the North African country should immediately nationalize the oil industry, and raise prices from $3/barrel to $10. 

I knew that Los Angeles based Occidental Petroleum (OXY) was interested

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