Hi David. Hey it's PLUS 10 degrees,what's not to like :) Our winter fun time here is behind us, time to take the ice house (beer cans, pizza cartons, etc.) off the lake.
$45/share is a low-ball bid for WNR, it's going to the low 50's. Where did you hear of a $60 forecast, I haven't seen that, but believe it could get there by the end of the year. Refineries are IN, oil drillers are OUT. I sold out of a driller, but will return in 3-6 months. U.S. oil storage capacity will be filled in three months or less. Worldwide, tankers will then be filled an act as floating tankage storage. Price of WTI crude will drop to $40 or below this summer. Somebody has to reduce oil production!
Look for driller and service companies to become cheap(er) buys an refineries to go BIG.
My only concern for refineries is the EPA!!!!!!!!!!!!!