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Crude oil prices
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WYDave
Posted 5/7/2008 19:54 (#373286 - in reply to #373173)
Subject: RE: Crude oil prices


Wyoming

Whatever the refineries are paying, it is crushing their margins.

 

Look at a charge of one of the lowest cost (ie, highest margin relative to input costs) refiners, VLO:

 

http://finance.yahoo.com/q/bc?s=VLO&t=1y

That ain' the chart of a company with increasing profits or margins.

 

 

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