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Re: Penny Roger$ post# 66

Thursday, 08/22/2013 7:39:59 PM

Thursday, August 22, 2013 7:39:59 PM

Post# of 277
Thank you for replying. I certainly was not aiming at you, of course. I did not expect real time SCO response but obviously SCO is a slow elephant in moving and more than a bit scary in tracking and sudden wake-up changes. I have read that the crude vs $Brent will widen a bit in 3Q and 4Q but a backlog of crude refining at the coasts is keeping it fairly tight... bad news for refiners. With IRAN rattling that they want back in with 70% of market... will this drop the price per barrel of oil?

SPS