Concerning gasoline supplies at a 10 year low, the head of one
of the major refiners from texas was talking about leaving one of
three refineries operating during storm and that gasoline supplies
have been running above average for the entire year and that no
supply interruptions should happen. I think I will believe him
instead of Eric.
Posted by dylan398 on 11th of Sep 2008 at 11:45 pm
ok... just reporting what I heard....either way the crack spreak
is heading up......with ike making a direct hit on houston good
luck leaving a refinery open.
my point is many of these refiners are down 60% and now
fundamentals are improving with nice basing charts....my best bet
for the near term....but don't trust me I've only been an engineer
in the petrochemical/power industry for 20 years..
gasoline stockpiles
Posted by dylan398 on 11th of Sep 2008 at 05:34 pm
Eric Bolling on Fox Happy Hour reposting that gasoline stockpiles are @ 10 year lows
Concerning gasoline supplies at a
Posted by randy on 11th of Sep 2008 at 06:38 pm
Concerning gasoline supplies at a 10 year low, the head of one of the major refiners from texas was talking about leaving one of three refineries operating during storm and that gasoline supplies have been running above average for the entire year and that no supply interruptions should happen. I think I will believe him instead of Eric.
ok... just reporting what I
Posted by dylan398 on 11th of Sep 2008 at 11:45 pm
ok... just reporting what I heard....either way the crack spreak is heading up......with ike making a direct hit on houston good luck leaving a refinery open.
my point is many of these refiners are down 60% and now fundamentals are improving with nice basing charts....my best bet for the near term....but don't trust me I've only been an engineer in the petrochemical/power industry for 20 years..
dylan,, you are right on the money
Posted by delane on 12th of Sep 2008 at 12:47 am
I think this is a great trade, with such low risk.nice trade.
my daddy always told me "you make money buying not selling" (got to buy it right )
Matt - why was the
Posted by pepperwu on 12th of Sep 2008 at 06:41 am
Matt - why was the Refiner taken off the watch list? Isn't this arguably in a consolidation phase?
My Canadian Friends
Posted by jbarry on 11th of Sep 2008 at 06:49 pm
Gas prices are going up by 13 cents/Ltr tomorrow, fill up tonight guys...