Brian Kelly

Crude Oil Inventories: I Can Tango, Can You?

Yes,
The integrated oils could do well in this environment - they have quite a few options for product now -- they can store it and play the contago or crack it into gas---the gas crack spread is back to positive after spending Oct-Dec in negative territory. Also those companies with retail outlets should benefit from low input prices and sticky retail prices - I know prices at the gas stations around me have not fallen as fast as oil and RBOB on the NYMEX.


On Jan 08 12:05 PM mc2406 wrote:

> Sounds like integrated oil company 4Q '09 or 1Q '10 earnings should
> be winners, so mid '09 stock prices should rise in anticipation?