Breaking News

Lehman deal on private equity close: source
9:13 PM  01/08/09

Recession more severe than thought: Fed's Ros...
8:32 PM  01/08/09

Chevron warns of 'significantly lower' earnin...
5:14 PM  01/08/09

U.S. benchmark mortgage rate falls for 10th s...
10:21 AM  01/08/09

How To Market To The Modern Mom
10:30 PM  01/08/09

Second-Tier Sports In 2009
10:30 PM  01/08/09

Deal reached to end gas cut-off in Europe
9:17 PM  01/08/09

Palm presents an iPhone competitor, the Pre
9:17 PM  01/08/09

more »
 
Refinery utilization

Why were analysts surprised that refiniery utilization went up? The price of crude had dropped dramatically, but the prices for finished products hadn't tracked it down, meaning spreads would be much higher. If I'd owned a refinery, I'd have cranked it up too.

Submitted by Anonymous (not verified) on Sun, 2008/09/07 - 9:28am » 

Reply

The content of this field is kept private and will not be shown publicly.
  • Lines and paragraphs break automatically.
More information about formatting options Captcha Image: you will need to recognize the text in it.
Please type in the letters/numbers that are shown in the image above.