Wednesday, September 21, 2005

Refining Stocks Surge

Oil refining stocks that don't have exposure in the Gulf, especially near Texas, are surging today. I prefer Tesoro as they process about 560,000 barrels of oil a day. Alon processes about 70,000 and Frontier can do about 162,000. Obviously there are other refiners but these don't have the exposure to the Gulf like many of the big integrated companies. You can click on the links below to see a map of where each companies refineries are located.

Alon (ALJ)
Frontier (FTO)
Tesoro (TSO)

Note: I am long Tesoro (TSO)


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