+1

The same analyst I quoted earlier today was observing last year how gasoline refineries were losing their shirts because the oil price was high, demand for gas was still low - and they couldn't sell the gas for more money than it cost them to make it. Several refineries shut down, including one in Delaware City.

In the mean time, Oil contracts were again being bought en masse by - you guessed it - folks on Wall street. As he said it "Last time I checked, there weren't any refineries on Wall Street. But there used to be one in Delaware City."