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Sunoco is about as cheap as an empty shoe box |
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| Apr 21, 2009 05:20 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Stocks to Buy  The world is awash in oil. For now. Gasoline prices are at moderate levels. For now. And analysts say slack demand will keep a lid on gasoline prices this summer. Well, as the singer Meatloaf would say, two out of three ain't bad. Given the continuing U.S. recession (which has taken many drivers off the road), all signs point to moderate gasoline prices for the duration of the summer, unless the unexpected occurs, such as a refinery outage or a damaging hurricane season. At that point gasoline prices could spike and begin to trend higher -- as they so often do in the summer -- exasperating many, unless you've purchased shares in Sunoco (NYSE: SUN). Continue reading Sunoco is about as cheap as an empty shoe box Sunoco is about as cheap as an empty shoe box originally appeared on BloggingStocks on Tue, 21 Apr 2009 12:20:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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