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Old 07-29-2005, 12:54 PM
adios adios is offline
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Join Date: Sep 2002
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Default Spread between \"heavy\" crude and \"light sweet\" crude

Most definitely a spread exists. Refiners that refine "heavy" crude into petroleum products reap the benifits for obvious reasons. Even though this doesn't fit my criteria for a stock pick, I bought some Valero today. They recently bought out an independent refiner of "heavy" crude whose profit growth is enormous.
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