Is Oil Refining Finally Getting More Efficient?
November 16, 2011 at 13:24 PM EST
A number of refiners are weak today. In the long run, it may be good news for consumers. Crude oil transporter Enbridge announced it was going to buy Conoco's 50 percent stake in a pipeline that ran from Freeport, Texas, to Cushing, Okla., for $1.15 billion and reverse the flow of oil.