European Refiners Face Extinction -- A recent Financial Times article by Ed Crooks suggests European refiners are being harmed because US refiners are benefiting from low-cost crude. He is wrong. European refiners, like the dinosaurs, face extinction because they failed to adapt. Read Dr. Verleger’s comment on the Crooks article here.


(To view previous Our View postings, click here.)

PKVerleger LLC calculates the value of sweet crude based on New York Harbor product prices.
Sleepwalkers Can Ruin Markets (September 15, 2014) -- Sleepwalkers (speculative crude oil inventory holders) are about to create real problems.

More >>