The refining industry usually maintains their average margins and when gasoline goes up, the margin stays the same but the company makes more money, as gasoline prices drop, the margins remain stable
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The energy trade with Mexico has billions of dollars in oil coming our way. Not only do we import more oil than drugs from our neighbor to the south, but we export more gasoline and refined products there as well.
An independent petroleum refiners and marketers in the US with two operating segments: refining crude oil and selling refined products in bulk and wholesale markets and selling motor fuels and convenience products in the retail market. Website:http://www.tesoropetroleum.com/
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The stock's community rating indicates the stock's potential to perform relative to the S&P 500. 5 stars mean the community feels these stocks will outperform the S&P, and 1-star stocks will underperform the S&P.
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