Hello, Chevron! Big Oil Gets Bigger on the DJIA

Funny, isn't it, with all this talk of "Peak Oil" and alternative energy, how profitable it still is to market the planet's reserves of ancient liquified dinosaur remains? Dow Jones has announced that it's kicking Altria (see "Marlboro Man") and Honeywell off the vaunted Dow Jones Industrial Average and replacing them with Chevron and Bank of America. This means that Chevron now joins ExxonMobil in the index. Big Oil's role in the U.S. economy has never been bigger. [AP, via the LAT (reg. required)]


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