check this article out. might be near a bottom on the
refiners with the announcement today of China's partial lifting of
gasoline and diesel subsidies.
Posted by hornsant on 19th of Jun 2008 at 02:10 pm
It seems that once governments decide to cut back on
gasoline susidies the price of oil should come down due to
significant cut in demand, Here in Chile the government just steped
in two weeks ago and is subsidizing both gasoline and nat gas,
since we are net importers there where no alteratives.
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Refiners
REFINERS
Posted by val8836 on 19th of Jun 2008 at 01:15 pm
Dylan you're our resident expert on refiuners. Be sure and let is know when we can jump in!
crack spread
Posted by kevmars on 19th of Jun 2008 at 01:45 pm
http://www.marketoracle.co.uk/Article5064.html
check this article out. might be near a bottom on the refiners with the announcement today of China's partial lifting of gasoline and diesel subsidies.
oil in china
Posted by hornsant on 19th of Jun 2008 at 02:10 pm
It seems that once governments decide to cut back on gasoline susidies the price of oil should come down due to significant cut in demand, Here in Chile the government just steped in two weeks ago and is subsidizing both gasoline and nat gas, since we are net importers there where no alteratives.