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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

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To: Im-patient who wrote (1104)2/13/1998 12:23:00 PM
From: eric deaver  Read Replies (1) of 14347
 
Fred,

According to Mark, a drop in price of crude would not be a bad thing for RNTK. He contends that a drop in oil prices would result in more demand at the pumps, increased refining and ultimately more bottoms to be processed. I am not so sure. Historically, the only ones that see a benefit from dropping oil prices are the refiners through higher margins (i.e., gas prices at the pump seldom go down - kind of like taxes).

FWIW, I think a drop in crude prices would make GTL less ecomonically viable - but there is still a lot to like even with lower crude prices. Usual disclaimers apply.

Eric
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