Attention: TDR Forum Junkies 
Fuel demand boosts oil-refining margins
Oil-refining margins for Marathon Ashland Petroleum LLC, the biggest refiner in the Midwest, climbed 68 percent the past three months amid record U. S. fuel demand.
Margins from processing oil into gasoline, diesel and other fuels for the Chicago market averaged $11. 17 a barrel during the quarter that ended Wednesday, compared with $6. 65 a year earlier, according to the Web site of Covington-based Ashland Inc. , which owns 38 percent of the refiner.
Retail gasoline and diesel prices in the Midwest have surged because of reduced shipments from other regions that normally contribute 1 million barrels of fuel daily to the region, Ashland spokesman Bill Henderson said.
And they keep saying its' because of the cost of crude.
Thats Bull!
(wish I had their stock though)
Oil-refining margins for Marathon Ashland Petroleum LLC, the biggest refiner in the Midwest, climbed 68 percent the past three months amid record U. S. fuel demand.
Margins from processing oil into gasoline, diesel and other fuels for the Chicago market averaged $11. 17 a barrel during the quarter that ended Wednesday, compared with $6. 65 a year earlier, according to the Web site of Covington-based Ashland Inc. , which owns 38 percent of the refiner.
Retail gasoline and diesel prices in the Midwest have surged because of reduced shipments from other regions that normally contribute 1 million barrels of fuel daily to the region, Ashland spokesman Bill Henderson said.
And they keep saying its' because of the cost of crude.
Thats Bull!
(wish I had their stock though)
