ChBobII

Indicator Points to Higher Gas Prices - and 3 Potential Power Plays

Don't forget Frontier Energy (FTO), also a refiner. All have their issues but if the crack spread widens they will go up smartly. Most days they react inversely to the change in crude prices so you will be hoping for crude to go down so that the refiners can keep their prices up & increase their crack spread. Sorry folks but gasoline pump prices will not immediately follow any crude price drops.

The Relationship between Oil, Drillers and Refiners

Unless you have options expiring soon it is a nice luxury to not do anything radical with energy stuff because any downturn will be short lived. We can count on energy bad guys like Iran & Venezuela to say something to reverse any slide in crude prices.