Apply Now!

Refiners Awash in Shale Oil Offer 10 Times Exxon Returns

OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
and we continue to get dinged at the pumps...:(
U.S. refiners such as Valero Energy Corp. (VLO) have delivered 10 times the returns of Exxon Mobil Corp., gaining an average 43 percent to Exxon’s 4.2 percent and outperforming every other energy sector in the Standard & Poor’s 500 Index. Gushing shale wells from North Dakota to the U.S.-Mexico border have lowered costs and more than doubled profit margins on gasoline and diesel production.


Refiners Awash in Shale Oil Offer 10 Times Exxon Returns - Bloomberg
 
layoutshooter

layoutshooter

Veteran Expediter
Retired Expediter
Brisco

Brisco

Expert Expediter
Lest you forget.......There is No "Independence" anymore. Everybody has a hand in everything you do.......We are not capable of being Independent..........This is the future of America under Cocteaus Plan.....
 
O

OldGuy

Active Expediter
OntarioVanMan said:
and we continue to get dinged at the pumps...:(
U.S. refiners such as Valero Energy Corp. (VLO) have delivered 10 times the returns of Exxon Mobil Corp., gaining an average 43 percent to Exxon’s 4.2 percent and outperforming every other energy sector in the Standard & Poor’s 500 Index. Gushing shale wells from North Dakota to the U.S.-Mexico border have lowered costs and more than doubled profit margins on gasoline and diesel production.


Refiners Awash in Shale Oil Offer 10 Times Exxon Returns - Bloomberg
Click to expand...

Congrats, now lower the god **** prices.
 
You must log in or register to reply here.
Top