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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (6368)4/19/2008 6:15:36 PM
From: Real Man  Read Replies (1) | Respond to of 71475
 
Thanks, Elroy - will they rise? Profit margins must be negative
at this point.



To: Elroy Jetson who wrote (6368)4/19/2008 6:26:08 PM
From: stan_hughes  Respond to of 71475
 
Sounds like gasoline isn't going to "catch up" to the recent rises in crude then, or at least not in lock-step fashion



To: Elroy Jetson who wrote (6368)4/19/2008 8:16:38 PM
From: Paul Kern  Read Replies (1) | Respond to of 71475
 
Gasoline prices have not risen in proportion to crude oil prices because refinery profit margins have collapsed.

Step away from the martini glass and reverse that.<G>

Refinery profit margins have collapsed because gasoline prices have not risen in proportion to crude oil prices.


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