Lower crack spreads than last year may give crude a little more wiggle room to rise before significantly impacting consumer demand. Maybe even the WH if they are purely looking at gasoline $
Nothing better for oil/gas equities with a firm(er) price structure for the underlying commodity. Market prefers certainty and this may prove to be a healthy situation for the CDN stocks.
Lower crack spreads than last year may give crude a little more wiggle room to rise before significantly impacting consumer demand. Maybe even the WH if they are purely looking at gasoline $
Great writeup. Thx for sharing!
Nothing better for oil/gas equities with a firm(er) price structure for the underlying commodity. Market prefers certainty and this may prove to be a healthy situation for the CDN stocks.