ERX, refiners, 1st quarter, 2009 was probably
last time fuel demand dropped so
much in a quarter when compared
to year ago levels as 1st quarter, 2024...
Sector pricing for oil/gas seems just as
out of line as tech sector to me...
Really stupid, high market prices...
All the oil needed to service spring breaks
weeks is already out of the ground and
refined into gasoline...
So we watch...LJ