Everybody needs money. That's why they call it money.

From full global headquarters, this is Motley Full Money.

Welcome to Motley Full Money. Thanks for being here. I'm your host Chris Hellen.

I'm joined by Motley Full Senior Analyst Charlie Travers, James Early, and Ron Gross.

Guys, good to see you. Good to see you Chris.

We've got the latest from GM, HP, and other companies that have more than two initials.

We'll talk about the future of the tobacco industry with CNBC correspondent Brian Shackman.

But once again, we begin overseas with the ongoing situation in the Middle East.

James, the business story at the core of what's happening is about oil.

Oil prices hit a two-year high this week.

What does all this mean for stocks that are connected to the oil industry?

Well, Chris, in general, they're up. That's a pretty simple thesis right there.

I like Chevron as an example in particular. Like all the oil majors, it's up.

But it got out of Libya in November of last year, which was pretty good timing.

And it has a lot less exposure to refining than most of the oil majors.

And refining, Chris, has been a lot less profitable more of a commodity business.

But within that story, there's sort of another story.

The big refiners like Valero are really suffering because the prices they buy oil at are pegged to the European price index, the Brent index.

But meanwhile, the US oil price index, which usually trades at the same level as the Brent, is about $18 cheaper.

West Texas Intermediate.

So the small US refiners, not like Valero, but like Alon Energy, Holly Oil.

These guys buy most of their oil at these refiners are buyers of oil.

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