BUY MPC White House says there has been no change to U.S. policy on oil exports
Refinery stocks sold off following news that the White House has allowed first ultra light oil exports by Pioneer Natural Resources (PXD) and Enterprise Products Partners (EPD).
Sentiment: Strong Buy
And you can trust what this WH says - good luck with that one - they talk out of both sides of their mouth telling both sides what they want to hear - who knows what is real with these incompetents in charge.
agreed - 'not approving' it only holds for today. if you think the approval story is totally made up and the WH isn't figuring out what they want to do then you're a fool