CVR REFINING (CVI): "The gasoline crack spread, a measure of...

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CVR REFINING (CVI)

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michaelmerriman

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michaelmerriman

Re: jugs post# 631

Friday, 09/16/2016 4:40:29 PM

Friday, September 16, 2016 4:40:29 PM

"The gasoline crack spread, a measure of gasoline margins, jumped as much as 17.8 percent on Friday to its highest level since June 6."

Gasoline futures soar, retail prices up as Colonial woes persist

Might have had something to do with it along with the momentum this stock was already experiencing. Big pipeline feeding gas to the northeast down has futures spiking. How are your other refiner picks behaving?

I'd imagine a ST snapback to the downside come next week though after this crazy move today.

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