Replies to post #8970 on The Rising Influence of Rising Affluence

[DocLevi]

I noticed the other day that a bunch of oil stocks to buy because they were undersold included HES and Valero and COP ... COP was up a little, HES and Valero not/flat the rest were up that day of news article 1.5% +/- or more+.

HES I hate because they had my lease and sold to Sanchez and Sanchez didn't renew lease... now been looking for oil company to drill/lease in Eagleford oil which is hard in this glut.

So refinery stocks are lagging right now, but should be favorable if they get the oil on the cheap to get ahead of the others but if the locked in contracts back at 87 lets say then they're hurting. In other words, they may be down for a while, while analyst try to figure out if the lack of transport from Midland that ended price cuts to get ahead of the others is going to effect them with lower gasoline prices too. But as always with enough time it'll be high again...