Saturday, August 13, 2011

Unbelievable: Higher Gas Prices Coming (TSO, VLO, CVX, XOM)

Come on now, after we just finally starting catching a break at the pump. Thus its time to take notice of big oil and the refiners. The Masters would recommend the best in the space with Valero Energy Corp. (NYSE:VLO), Tesoro Corp. (NYSE:TSO), Chevron Corp. (NYSE:CVX), and Exxon Mobil (NYSE:XOM) leading the pack.

Big oil always wins, why fight it? Just buy it and enjoy the ride.

GasBuddy.com, a website that tracks prices at the pump nationwide, issued a warning that motorists filling up their tanks may see an unpleasant surprise. GasBuddy is a very useful site, they help users find cheap gas prices in almost every U.S. city. In total GasBuddy.com( click to visit) has 243 websites to help you find low gasoline prices. This isn't a plug for them, just passing along useful information for our readers.

Now is a good time to take a look at TSO, CVX, XOM, and VLO shares as they all have come down in the past two weeks thanks to the massive selloff. Since July 27th Valero is down 20% and Tesoro is down 18%. TSO is trading today around $20.45 and VLO is at $21.20.

TSO

VLO

No comments:

Post a Comment