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    I Like this quote I dislike this quote“We are seeing much more competition in this industry than we've ever seen before. I think that gradually portfolio managers will start to realize this is not a safe haven. These stocks are expensive.”

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    I Like this quote I dislike this quote“This is like eating your seed corn, if you pay out more than you earn.”

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    I Like this quote I dislike this quote“You have to look at the recent rash of mergers in the refining industry. They are not aggressive, but defensive moves to try and somehow form a larger position in the market. But when everyone does the same thing, the effects are soon competed away.”

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