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So the argument we were basically making is,

this isn't the golden age of refining as we knew and loved it in 2003 when we made that call.

That was kind of a three-year, four-year period of an elevated refining market.

But it ultimately was killed by the financial collapse in 2009.

This time around we think this could be more enduring and as largely because of natural gas.

Hello and welcome to the Baron StreetWise podcast. I'm Jack Howe.

The voice you just heard is Doug Legate.

He runs US oil and gas coverage at B of A Global Research.

And he says natural gas could hold the key to sending shares of US companies that turn oil into gas lean much higher.

We'll learn all about that in a moment.

And we'll hear from Denton Sinkwagrana, the chief oil analyst at the oil price information service or opus,

about why gasoline prices could have hired this summer and who is and is not to blame.

Listening in is our audio producer, Jackson. Hi, Jackson.

Hi, Jack.

So much to cover this episode. I plan to mention fractional distillation and crack spreads, maybe even flaring.

...