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DocLevi

11/04/15 8:33 AM

#63 RE: Sone #62

But

“Our fuel segment also had a challenging third quarter, primarily driven by declining oil prices. We have begun work on two hydrotreater facilities which will allow us to remove sulfur from our transmix diesel so that it can be sold at a premium into the on-road market for ultra low sulfur diesel beginning next spring. We expect margins in the fourth quarter of 2015 to improve significantly over the third quarter, as we expect the market for petroleum products to be more stable in the quarter and we have a solid solution in place for dealing with our transmix diesel.”

Which is what Exxon made their money on nonoil production...