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Gold/Mining/Energy : Big Dog's Boom Boom Room

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DELT1970

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LoneClone

To: Dennis Roth who wrote (182477)	4/8/2014 5:27:19 AM
From: Dennis Roth	3 Recommendations Read Replies (1) of 206184

US Refiners Managing the Gulf Coast Crude Glut; Upgrading PBF to Buy 7 April 2014 ¦ 62 pages ir.citi.com We are upgrading PBF to Buy. We continue to rate VLO and TSO Buy on our view that US coastal refiners will increasingly benefit from the growing supply of North American crude oil as it permeates to the coast. On the variable rate distribution MLPs, we continue to rate ALDW and NTI Buy given the proximity of these refiners to specific producing basins.

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