Originally Posted by Bucking Bar

Correct. and to go further, the refinery deal reduces our exposure to price fluctuations since we only "own" the oil while it is in our refinery. As it goes out the door we use the products in exchange for products ... so a gallon is a gallon, not denominated in a dollar denominated "price."

In addition the writer (ie shill for the speculators that he wishes he was) ignores the fact that the additional buyers in the market move the market in one direction only.

But hey, at least he was flying Delta. Welcome aboard!