Excerpts from Wednesday's Post : Chevron Warns 3Q To Be Sharply Lower. Wow, shocker. Exxon better fess up quick. Just another example of one of the many reasons why the "windfall profits" crowd should be set adrift someplace where cars run on ground up unicorns and rainbows. How Is This Different From COP's Warning Last […]
The EIA will report oil and natural gas inventory reports simultaneously on Thursday. Chevron and Valero both warned last night. Neigther should be a surprise as they are just telling analysts what they already know. In Chevron's case the news is a little more bitter than in VLO's on a fundamental basis but sense I […]
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