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Non-Tech : Kirk's Market Thoughts
COHR 185.83+5.8%Dec 19 9:30 AM EST
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To: Fintas who wrote (1643)7/11/2014 10:53:21 PM
From: berniel  Read Replies (1) of 26808
 
This is why Excerpt from 2012 Forbes article

"Three refineries, including two owned by Philadelphia-based Sunoco Inc. that have supplied about half of the gasoline, diesel and jet fuel, have already closed in just the past six months. They had lost nearly $1 billion over three years after shelling out $1.3 billion to comply with stricter EPA rules at a time when demand for gasoline fell and the cost of foreign crude soared."
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