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jugs

12/22/15 7:46 PM

#1805 RE: pete807 #1804

I'd like to think we pick our battles. NTI and WNR are in bed together because they deliberately rigged it and/or allowed themselves to be paired.

My not liking the arrangement won't have any impact on their decisions. That has me realizing that while a battle may well ensue, it won't be one of my making. Additionally, it won't be influenced by the likes of me.

This is not going to be my battle to win. Thus, it is not mine to fight.

bzusa

12/22/15 7:52 PM

#1806 RE: pete807 #1804

Sorry about the MDR mistake. There is nothing good to say about the offshore oil business now, or for years to come.
I agree with at least a $.75 distribution, but WNR may fiddle the books.
The average PII 2:1:1 crack is now >25% below last q's average and 20% below last year's q4 average. Although, NTI should pickup 10% more production.
I recall that NTI has a 6-2-2-1-1 crack (more or less) and I don't know what that entails so I use the 2-1-1 crack for PADD II from Howardweil.com
I'd sell at $26.20 just because that's my average cost for this batch of NTI.
I would like to free up the $$ for other investments.