http://biz.yahoo.com/cbsm/050922/2cb1c34901e842a9a80db8355cea8319.htmlI tend to believe the pessimistic view, our energy infrastructure is weak at best, and will require investments WAY beyond what Katrina or Rita could ever do. It's time for America to wake up and smell the coffee. We are 30 yrs behind in refining capacity vs the population growth people, imagine if our highways, schools, or hospitals were in the same mess?
Meanwhile, while not invest and make some money? Look at these refiners and how the latest energy crunch has affected them.
http://finance.yahoo.com/q/bc?s=COP&t=5yA split recently and it STILL keeps going.
http://finance.yahoo.com/q/bc?s=SUN&t=5yYummy appreciation!
http://finance.yahoo.com/q/bc?s=VLO&t=2yMy heart breaks when I see Valero, as it was one of my serious thinking about buying projects. A split and steady rise to boot, and now they are the #1 refiner in the U.S.
BTW
http://biz.yahoo.com/ap/050915/valero_stock_split.html?.v=6Another split and a dividend hike to boot, I'll definitely be watching VLO after 3rd QTR!
http://finance.yahoo.com/q/bc?s=FTO&t=2ySplit and steady rise, yummy!
http://finance.yahoo.com/q/bc?s=TSO&t=2yTesoro is on the buy list as they are expected to do a Valero style rise.
Regarding new refineries? Those are 2 yr charts I provided, backtrack like this and...
http://finance.yahoo.com/q/bc?s=TSO&t=5yYou cannot make that much money when your stock is under 20 and even plunges to the 1 dollar mark. Thus even if they wanted to, without investors and strong cash flow, no new refineries.
Topic: Refiners Rule! (Read 822 times)