$Exxon Mobil(XOM)$Exxon Mobil (NYSE:XOM) stock is fast approaching all-time highs as oil prices seem to rise on a daily basis. Calls for oil going to $200 or even $300 per barrel abound. Of course, the same fears were raised in 2008 which was the last time oil prices spiked this high. Those fears ultimately proved to be unfounded as oil never even hit $150.
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