The Conversation (0)
Seekingalpha.com reported on Natural Gas and Oil Stock :
Seekingalpha.com reported on Natural Gas and Oil Stock :
A few months back, we started moving heavily into natural gas companies as the commodity began rebounding from its panic levels in the $3 range. In December, we began taking positions in refiners as the crack spread has continued to widen. Oil and its refined products (gasoline, jet fuel, etc) can only diverge so far for so long before something gives – either oil falls or the refined products rise, both of which improve the future profits of the refiners.
