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Occidental Petroleum (OXY) has really poked the bee hive now. The question is who will get stung.
I will not take time here to review the rapidly evolving fight for Anadarko Petroleum (APC) between Chevron (CVX) and Occidental Petroleum (OXY). You will find plenty of discussion and analysis of the deal, its structure, and pro/con viewpoints without my rehash here. Instead, I am providing a snapshot of my own view as both an oil man and investment analyst as things sit today. My purpose it