Crack spreadsThey are even better than this morning and SU is not responding.
3-2-1 is at $59.01 and 2-1-1 is $$60.51
Pur speculation on my part but i guess some selling pressure comes from
investors not wanting to be there when the results are published monday.
Yahoo as a range of CDN 75 to 91 cents for avg of 82 cents.
Valero a pur refiner is up 2.6% and has moved from a low of $104 in June to $134 today.
I think sellers are motivated by fear and are hort sighted and don't realize how
profitable refiners will continu to be.
Again nice weekend to all.