Thread: $105 oil
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Old 07-26-2008, 10:41 AM   #216 (permalink)
dremd
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Quote:
Originally Posted by Chris D. View Post
Thanks for the welcome back

What does your friend do there at the refinery?
I have family working in Billings MT at a refinery and they've slowed down considerably there... For whatever reason, thats unclear to me, but it mite be different for them vs. your "friend"
He is a GE employee at a Valero Refinery. He sells/ blends anti-corrosion additives. His primary $ comes from Chevron "with Techron" but he sells some to all of the gasoline which is refined there. Last I heard (Like a week) they were down under 75% and he wasn't getting any bonuses due to the low output.


[QUOTE=Chris D.;47492
I think whats happening here is that the US is stockbuying on oil and waiting for them to dry up so the old switcharoo and sell it back to them at a high price? just a thought, no clue tho.[/QUOTE]

Well; then they lost their ass last week. :-)


Sorry for the slow reply; I've been without internet for a while.
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