For Refiners, the Financial Trade Is Terrible

Gasoline prices have been on the rise, and the intuitive investor would love to buy the refiners to take advantage. But gas prices aren't indicative of refiners' margins -- in fact; it's the worst place to look for profitability on refiners.

As I've continued to warn you, there's been a summertime refining disaster going on here in the U.S., and the stocks are clearly reflecting that. And I don't think you should gear up to buy refiners such as Tesoro (TSO), Valero (VLO), Western Refining (WNR) PBF Energy (PBF) or CVR Energy (CVI) anytime soon....566 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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