Chandler Lutz

Oil Prices Down? Refiner Stocks to Benefit

Interesting article. I think the big question is will demand destruction continue in the gasoline market and will the price of gasoline fall more less than oil. I think one nightmare scenario for these refineries could be if demand destruction continues in the US and international demand in for oil picks up...While the former is quite likely the latter is less clear. This may be one reason why some of these companies carry such attractive valuations.