Re: - Why There's Trouble Ahead for Oil Refiners
Life is not fair. ... and in particular for investors.
Just when I start to add to the refineries thinking it was a solid place to buy into, Citigroup's Prashant Rao paints a blacken sky..
No more sunshine for the oil patch ..AGAIN ! Maybe I misspelled his name... Pissant .
I own HEP, VLO, and MPC. My take is ... the industry adjusts these problems that are not permanent or new assets invented to make the problem moot and they keep the standard of good profit and dividend payouts. However I do noticed the historical graft that mimics a rollercoaster ride.
***PinewoodsBear***