Opinion on  Western Refining Inc. (WNR)     Sector: Energy  >  Industry: Oil & Gas Operations
High gas prices modified public behavior democratic pres. Refiners are going to do just fine.

Why buy refiners on less demand?. I believe gas prices will stay high regardless, America one candidate or the other is going to have to get a set energy policy.  Overall increase in demand is growing with general population. The fact people are modifying behavior, will only strengthen policy makers to want to keep gas prices high. Regardless of supply stocks. WNR is one of the most risky or rewarding depending on how you play it. More shorts than longs have made money with it. Expect the ones who have had it the past month. The correction today at inventory report set the stage in my opinion for another short squeeze.  Way to many people putting puts on it, at 10... Goodluck either way you go. I am long into July. Demand is not going to go down over one summer.....

oil up you can pick any one of the excuses they offer. wnr is getting shorter but I don't think they have the fundamentals to back them. I see a short term spike monday. Very speculative but I don't see a refinery going out of bus, comeing summer. If one does any other refine play would be good. crack spread will improve. here for hopeing. I'm long don't reccomend playing this stock unless you do alot alot of your own research and risk assement.

Shorts far from got squeezed most likely taking my money on vacation with them. Still not going aways from refiners, Oil comes down, crack spread improves then maybe hope as of now. Extreme risk.

holding have puts in place.