Market Currents
For some oil refiners, the most reliable way to make money lately involves selling Slim Jims and...
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Saturday, February 11, 2012, 7:45 AM ETFor some oil refiners, the most reliable way to make money lately involves selling Slim Jims and soda. Marathon Petroleum (MPC), Tesoro (TSO) and Sunoco (SUN) recorded nine-figure losses tied to refining and fuel marketing in Q4, but they made tidy sums in retail units. The latest example is at MPC, which just added GasAmerica’s 88 jiffy stores to its 1,400 Speedway stores.
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