Replies

To: sinkspur

How will Valero be boosting profits if over half of its refineries are shut down?

U.S. refineries have about 350 million barrels of refined oil in inventory that is instantly worth more.

54 posted on 09/21/2005 9:58:11 AM PDT by Texas Federalist ("There is simply no fat left to cut in the federal budget." Tom DeLay - R? Texas)

To: Texas Federalist

Yep. What is bugging me is not so much the pump prices, but the crude prices, which are being driven not by fundamentals, but by hysteria and rumor.

86 posted on 09/21/2005 11:22:49 AM PDT by B Knotts

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