Jebeatsfish

Sirius Actually Beat the Street

Repeat after me Long Sirius XM folks: "Howard must resign, Howard, must resign, Howard must resign..." If he does not, bye-bye subscriber base. This seems to be overlooked when discussing this company.

Petroleum Inventory Data Show an Interesting Trend

I think the refiners have more control on the inflow of crude to their refineries, whereas the raw crude producers have a greater difficulty in shutting down production. Think about it, is it easier to prevent delivery of crude to your refinery or is it easier to shut down an ocean rig or a derek in Alaska. Oil production is a much more difficult engineering process. I doubt refiners are more adoit at identifing market demand than producers, refiners just have greater flexibility in controling the process.