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Alon Energy (ALJ -9.2%) joins a growing trend among coastal refiners planning to use rail to...
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Thursday, August 9, 2012, 3:57 PM ETAlon Energy (ALJ -9.2%) joins a growing trend among coastal refiners planning to use rail to gain access to cheap inland crude. "We have tankage and land available to support the project and we have access to third-party pipelines," CEO Paul Eisman says. But investors, looking at weaker than expected Q2 numbers, send shares sliding.
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