As of now, refinery stocks are best correlating to the overall markets, offering investors outsized returns for their patience.You can fuck around in oil, gas or even coal; but make no mistake, the refinery sector is where the money is being made, with ease and honor.
The wonderful thing about the refiners, aside from $30 crack spreads and $17 Brent-WTI spreads, is the scarceness of supply. Meaning: there are only a handful of big refinery companies in America, since it’s illegal to build new ones. We fucking criminalize the refinement of crude. There are outlier plays in the chemical industry worth noting, like NEU.
Here is the heart of the refinery sector aka all you need to know:
VLO
TSO
WNR
CVI
ALJ
DK
MPC
HFC
That’s it! Follow the crack spreads and Brent-WTI spreads closely and get long mid-contient refiners when the Brent spreads widen and you should be good. However, if and when they get the infrastructure in place to better distribute crude from West Texas, look out below.
For now, the sector is on fire.
http://www.youtube.com/watch?v=rTK7Sh9aM4U&feature=related
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The Fly is God.
Agreud.
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Yoo spelt agreeed rong, dumazz!
indeud
WNR has a cock and balls formation. I wonder why?
WNR is expanding el paso operations to increase capacity, stock to $30 in no time
anyone paying attention to wprt,clne and chk as of late. sob’s are running .chk and ge doing some kind of deal.for transports,it’s gettin ser-i-ous,waited 4 years for this chit.
CHK??!
Lacist!
“the refinery sector is where the money is being made, with ease and honor”. Would that not be “honour”, good sir?
Indeuuuuuuuud!
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Thiz iz ridikyoulus. Yoo kant spehl four shiite (muzlim).
So what you’re saying is be careful about rubbing VXX on your WNR?
Why is CVI in a murder hole then, even with our boy Ichan trying to juice it up by tendering at 30. Does anyone know what the problem is? Fly? And no hazing!
Refiners @ this level? WNR @ $20?
Is there any news on DECK other than sheep’s wool is going up?
what the fuck does that even mean
Sheep’s wool is what they line their boots with. Anyway, DECK down 10% today!
Kicking myself for being short WNR. Not fond of Jeff Stevens, but fond of The FLY. Thoughts on FTO??
Scratch that question Fly. DOOOOOHHHHH My bad.