mark's blog

Fact: Gasoline use has crested the "hill" and is slowly waning.

Fact: Petroleum companies are diverting their output to chemical production and chemical production is in an over capacity state.

Not a great earner like most utilities.  But they have a dividend that goes way back to 1946, consistently grows and has been cut only twice.  That's not a bad track record over a 78 year period