I wonder why that's so low, given the imports of crude that are just booming. Maybe it's going into some new government inventory stash. |
It's hard to believe that this is it, after all the speculation. The market is going to be very disappointed. |
Looks like they're transforming themselves into an E&P company. But refining should continue to be a big problem in the second quarter. |
They seem to raise capital at appropriate times, so it's not a huge surprise. |