CVR REFINING (CVI)

[jugs]

Very interesting, glad I've gotten to read the story. Many thanks to you!

Daily or very short term fluctuations in the crack spread probably account for very little movement when it comes to explaining changes in an MLP's valuation. Perhaps even more meaningful is that these little bumps in the road won't likely account for much when it comes to recognizing profits yet to be made by our refiners. Renewables and the general malaise affecting (perhaps I should say ('afflicting?') our energy sector continue to plague all things and companies energy-based, so I don't believe pipeline difficulties such as are represented in the article will have much effect on CVRR, if any at all. After all, what is the significance of a one week interruption in a year's quarter-long existence?

And I think today's crash in ALDW-land echoes the same sentiment.

These events and/or non-events make for fascinating reading and even daydreaming but in the end, only bottom line changes will usually account for meaningful concerns. This is what prompted me to load up on ALDW even more, today...pushing me to sell a few NGL and a bunch of MDR, each of which I believe will continue to prosper even in these down times.

Still, your input is much appreciated as it drives us to think and rethink all sorts of variables that might not loom large otherwise.