Alon USA Partners, LP (ALDW)

[pete807]

Thanks for your reply... I agree we will have plenty of time and possibly even lower entry points in energy, as the supply side, non OPEC new discovery and the shale plays worldwide have changed the 70's idea of peak oil... and with it the ability to manipulate the price. The demand side from economic growth needs to catch up now in the new free market driven era.

The other factor which is in play here involves RINs, i.e. forced blending of ethanol into gas. The current fuel blend does not remain stabile for very long, creates incomplete combustion and poor atomization of fuel, reducing mileage dramatically in cold climates, and creates problems when left idle in gas tanks. It also creates water pollution from ethanol plants, and has done millions in damage to engines designed before the ethanol era. Every small engine, outboard, mower, chainsaw, etc needs to be run on pure gas or you will need carb work.

Repealing the export ban hurt US refiners the most. Much has been written about reduction in crude oil spreads and per barrel margins cut in half or worse. Rewards are at the pump...:o)