gas prices rising..... Tesoro stock????

Question

with the price of gas soaring, will Tesoro petrolium stock go up???

Answer 1

I like TSO. It's been very good to me. :-)

They're also splitting at the end of the month. Watch their stock fly!

Oh, as for why, fundamentally, theyre decent in a middle flat sector at the moment. However, technically, their chart has been strong and until the chart tells you otherwise, you can ride it.

Hope that helps!

Answer 2

uncertain the place you're yet could desire to be different factors influencing costs - we've had a $0.40/gal drop in the final month. indexed under are the information concerning whether we can/won't be able to drill our way out of it; ANWR has 10 billion barrels of oil Offshore drilling has approx. 18 billion barrels North Dakota has 4.3 billion barrels The western U.S. states have oil shale that could desire to yield 2 trillion barrels this would not even count extensive sort how plenty organic gas we've (ANWR on my own additionally has over 60 trillion cubic ft of gas) 10 years in the past we see a drop is an entire lie and fantasy. industry professionals have long previous on the checklist affirming that we can commence getting a number of this oil interior 3 hundred and sixty 5 days and on the very longest, it could desire to take 7 years for a rig a hundred miles offshore to start production.

Answer 3

With a "crack price" (the amount of profit that an oil company can expect to get for cracking or opening a barrel of oil) of around $35 per barrel, almost all of the oil refinery stocks appear to be good bets. Historically, the crack price is around $7 - $8 per barrel....you do the math.

Answer 4

Ask Cramer

Answer 5

Their profits probably will and stock holders will reap bigger dividends

Answer 6

TSO, VLO, CVX, HOC, GI, XOM......they're all good gainers for this summer.