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PENN OCTANE CP Message Board

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  • rrb1981 rrb1981 Jun 3, 2006 10:30 AM Flag

    Two Valero refineries on fire

    Considering that POCC is a RESELLER of gasoline, please give us some depth into how price movement helps them? When gas is up, they pay more for it and when it is down they pay less, in fact, one might argue that when gas is higher they have to borrow more on the revolver and pay higher interest...