Do you think this is news to analysts and large investors???
The market is forward looking. With cracks moving into the upper historical zone, margins should do great in Q1 and into the driving season.
How do you think that will effect TSO stock price??
I live in SLC. This week one of the big news items was the increasing congenstion on the freeways AGAIN. That traffic count is back to nearly the levels of 2007 prior to the recession during the rush hours.
I don't know what that means nation wide, however if SLC is experiencing this trend, what about other cities where the economy is staring to rebound??
crack spread is a volatile entity. u look at 1 year curve it varies from 5 to 20. hoping that crack spread will stay above 18 from now on is very foolish under the current employment situation. est earnings are -0.03 based on the crack spread it will be -1.00. u think market will like that?
I agree I think as the economy has begun to improve more driving is taking place but if gas gets much higher people will begin to consolidate trips and drive less. Not exactly sure where that point is but for now consumption is increasing and that's good for TSO.