The fact that this crack is holding much much much longer is amazing
With cracks well above $30 and the refineries running non-stop all qtr. now I wonder what WNRs income- net will be for the qtr. at this rate. Anyone care to calculate it out comparing it to last qtrs. crack etc.
I would give it a crack (pun intended) but these hedging positions and mark-to-market reporting really screw things up.