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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (45112)10/24/2011 3:42:44 PM
From: Spekulatius  Read Replies (1) of 78748
 
the spreads between WTI cushing (+4.3%) to 91.XX$ and Brent (112.XX$ (+1.3%) are starting to narrow, this will reduce the windfall profits for midwest refiners (WNR and MPC) particular, VLO much less so.

As for MPC - why didn't you buy this at 27$ - it's almost up 50% from it's low just a few weeks ago? I am not saying that it may not be a good value, it's just more expensive than it was a short while ago.
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