SOURCE: StockCall

StockCall

October 04, 2010 09:34 ET

Research on Tesoro and Sunoco -- Oil Prices Up but All Eyes on California Legislation

JOHANNESBURG, SOUTH AFRICA--(Marketwire - October 4, 2010) -  www.stockcall.com/ offers investors comprehensive research on the oil & gas refining & marketing industry and has completed analytical research on Tesoro Corporation (NYSE: TSO) and Sunoco Inc. (NYSE: SUN). Register with us today at www.stockcall.com/ to have free access to these researches. 

Oil and gas refiners were among the top performers of a strong week for the energy sector which was bolstered by crude oil reaching a 7-week high of $77.45 a barrel. Companies capitalized on recent high oil prices after a summer where stockpiling was unusually high. Ironically, the stockpiling not only widened profit margins and raised stock shares but also partially led to the hike in oil pricing.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the oil & gas refining & marketing industry can have easy and free access to our analyst research and opinions on Tesoro Corporation and Sunoco Inc.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

The other big news for oil and gas refiners this week comes out of California. Out of state companies like Tesoro Corporation are trying to influence a proposition that would suspend a 2006 law that calls for the reduction in greenhouse gas emissions. The proposition is on the November 2nd ballot and major oil companies are spending millions to aid its passing. Investors can register for free to access the research report on Tesoro Corporation at www.stockcall.com/TSO041010.pdf.

Proponents of suspending the 2006 law argue that enforcing the new regulations will cost the state thousands of jobs and place a financial burden on businesses. Opponents concede that suspending the law may cost jobs in the short-term but will amply make up the losses in the form of an increase in jobs in the clean energy industry. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the oil & gas refining & marketing industry.

Given the size and population of California, gas and oil refiners could be significantly affected by the results of the November 2nd ballot. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Elsewhere in the oil & gas refining & marketing industry Sunoco Inc. halted one of its refinery diesel hydrotreater following the release of a diesel mist into the air that was blown into a neighborhood close to the refinery. The company stated that not all of the refinery was shut down. Investors can register for free to access the research report on Sunoco Inc. at www.stockcall.com/SUN041010.pdf.

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