Alon USA Partners, LP (ALDW)

[catdaddyrt]

I am waiting at 18 with you


The problem with Saudi is they want to run out the struggling shale producers but the big boys will buy the properties and exploit them even more - the oil is there it will be brought up -makes no sense at all - I heard that Saudi will be out of excess cash by the end of the year and will need the price back up themselves - idiots they are to cut off their nose to spite their face.

Cutting off the nose to spite the face" is an expression used to describe a needlessly self-destructive over-reaction to a problem: "Don't cut off your nose to spite your face" is a warning against acting out of pique, or against pursuing revenge in a way that would damage oneself more than the object of one's anger.


What would help the US right now is to lift the export ban in oil and let us into the world market. This won't help the price all that much but it would help the storage problem and let drilling continue. Also stop all imports from Saudi - stop every drop







mean while back on the ranch, refineries are boosting capacity to process light crude


http://fuelfix.com/blog/2015/03/18/report-refiners-can-handle-the-flood-of-light-u-s-crude/