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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Wowzer who wrote (112845)10/30/2008 11:49:41 AM
From: CommanderCricket1 Recommendation  Read Replies (3) of 206150
 
Wowser,

Consider yourself slapped.

If you want to own a refiner, at least buy an integrated company with upstream assets to offset the downtream.

Consider MRO, COP or even XOM

Learned the hard way this spring, the independents are going to struggle from here on out. Too many newer refineries in Asia coming on line so competition is going to get tough, especially for gasoline.
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