Quote:
Originally Posted by Mr.Coffee
National Bank reported this morning on a daily report that Bloomberg was reporting on a Marathon (the company) call they are doing this. “We’re working with the administration” right from the CEO’s lips.
I suppose we could just say it’s untrue or hard for them to do or we don’t believe them or this or that, and die economically, but that seems like a poor strategy.
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Quote:
Originally Posted by Mr.Coffee
National Bank reported this morning on a daily report that Bloomberg was reporting on a Marathon (the company) call they are doing this. “We’re working with the administration” right from the CEO’s lips.
I suppose we could just say it’s untrue or hard for them to do or we don’t believe them or this or that, and die economically, but that seems like a poor strategy.
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I read it as Marathon is looking at moving to domestic lighter crudes, IF the tariffs come in. That makes sense. The second article speculates about switching to Russian or Venezuelan heavy oil. That’s the one that makes no economic sense to me.