China Growth Stocks

[Stream205]

Major diesel crisis in Shaanxi Province.




LongWei Petroleum has both of its giant facilities located in Shaanxi Province.

It is safe to say now after days of speculation that LPH is selling not only record amounts of diesel but every drop they can get their hands on.

NOTE: There is NOT a shortage of supply in the sense that the refiners are sending any LESS diesel to Shaanxi Province. There IS a huge surge in demand however leading to a total sellout of every drop of diesel LPH can deliver.

Needless to say the refiners are rushing to increase supplies and needless to say LPH is going to sell unprecedented amounts of diesel in coming months.


http://www.chinadaily.com.cn/china/2010-11/13/content_11545181.htm