EIA today reported just the opposite occurred last week. Gasoline production increased and distillate production decreased.
A participant on another message board who posts voluminous messages told us it's a matter of copying the material to and saving as a word processing document, then copying and pasting from that source to escape Yahoo! word count limit. However, we have been unable to replicate his success using Microsoft Word, Windows Notepad or Windows WordPad. Maybe it's an Apple thing.
Think we lose either way, and we may not have to wait for November. Although typically a very aggressive investor whose cash positions are usually of short duration, taking profits where available and sitting on the cash, waiting to capitalize on whatever comes our way.
TSO was up because The Three Stooges were at work on XOM's Torrance refinery again. California gasoline prices popped five cents. VLO benefits, too, but Mr, Market is myopic (TSO's proportional concentration actually is greater).
Like I suggested, learn about branded retail. All you have to do is Google "branded retail gas station", click on the search results and read.
CNBC, the hedge fund tool, does it again. Read the VLO Headlines article, "'Clear bear channel' looms for refinery stocks: Trader" in which a trader went on CNBC and broadcast a call to drive VLO to $52 or lower.
UP reports one or more broken bolts holding a rail in place caused the derailment. Environmental activists will sabotage in opposition to progress.
All they have to do is appoint someone outside the company with an accounting background to the BOD and assign him or her to the audit committee.
Why are your panties in a wad? I do own shares, and the point was Ross' cost basis is ~ $19, which has been a subject of debate on this message board. Why must you take a negative perspective on every comment?
Importing gasoline is no different than importing oil to make gasoline. To the cheapest seller goes the sale (we know it's not really that simple, because all crudes are not the same). Would you rather pay more at the pump in order to keep all transactions within our borders? You're in luck if you responded affirmatively, because both presidential candidates are pledging to put the economy into a tailspin by doing just that.
Did you see the New York Times article detailing Wilbur Ross' underperforming SPACs, including the 2010 version that invested in XCO at $19 per share?
Summer driving season share price gains statistically are a myth. Here's an historical breakdown of change in average daily closing share price from the prior month:
Good point. Diesel prices may be up 40%, but crude prices are up 100%. That's why optionMonster reported that July 50 put activity in VLO.
TSO held because a hydrocracker generator went down at Torrance and repair is expected to take two weeks.
Read the press release. HERO is winding down and will be only the answer to a trivia question or a line on a few poor souls' resumes.