From BeSpoke Investment Group…
If Crude Inventories are up this much over average????
Why are Gasoline inventories so low????
I know some ideas are
1. We are exporting a lot more of what we make because we do have a big inventory of raw product?
2. The percentage of plant utilization is way down due to some out of kelter problems?
3. We actually can not make enough gasoline versus the amount of new oil we are producing here in the US?
4. Probably a multitude of other reasons out there …..
So does this indicate an investment opportunity in the processing groups? or Suppliers or Transports?
I have no clue but it is something to review…
REX