i've replied 3 times now and yahoo has pulled each down due to a link that accesses information and response to the govt's taxing refineries by forcing to invest in green energy that does not commercially exist at this time... here's a paragraph from that read that sums it up in short
no link this time yahoo
Under the mandate, refiners also are obligated to use cellulosic ethanol made from switchgrass and other non-edible plant materials, even though the product has never been mass produced.
At an event last week, API president Jack Gerard said the aspirational cellulosic ethanol requirement is the epitome of “bad public policy.”
“Here you have a situation where it not produced in commercial quantities, but the EPA has the authority to essentially tax the industry . . . because we don’t use a fuel that doesn’t exist,” Gerard said.
with this excuse i'm giving you, i will point out that both cvrr and psx both hit all time highs today while we are stuck in the mud.... nti looking strong as well