The average cost of a gallon of gasoline has fallen to $3.399, as of Sunday, which is the lowest level seen since the end of January. Since September gas price have fallen roughly $0.19 a gallon and have declined for 29 consecutive days. According to the AAA, prices are expected to fall another $0.25 to $0.30 by Dec. 25th. "Barring significant disruptions in supply or increased conflict in the Middle East that drives up oil costs, prices oil coast, there likely will be a number of states that average less than $3 a gallon by Christmas," said Michael Green, a spokesman for AAA.
Alon USA Energy, Inc. (NYSE: ALJ) shares traded in the range of $10.12 to $10.33 Monday before settling to close at $10.21, a decrease of 2.11percent. The stock appears to be facing some resistance at the $10.41, $11.18 and $11.72 levels. Shares of Alon USA Energy have fallen approximately 43.0 percent year-to-date.
More information on Alon USA Energy and access to the free equity report can be found at:
CVR Energy, Inc. (NYSE: CVI) shares traded in the range of $38.06 to $38.83 Monday before settling to close at $38.52, a decrease of 1.00 percent. The stock appears to be facing some resistance at $30.48 with some support at the $27.47 and $27.00 levels. Shares of CVR Energy have fallen approximately 21.0 percent in 2013.
More information on CVR Energy and access to the free equity report can be found at:
HollyFrontier Corp. (NYSE: HFC) shares traded in the range of $41.45 to $42.25 Monday before settling to close at $42.11, a decrease of 1.34 percent. The stock appears to be facing some resistance at the $42.82 and $43.66 levels with some support at $41.47. Shares of HollyFrontier have fallen approximately 10.0 percent in 2013.
More information on HollyFrontier and access to the free equity report can be found at:
Marathon Petroleum Corp. (NYSE: MPC) shares traded in the range of $63.04 to $64.57 Monday before settling to close at $64.32, a decrease of 0.95 percent. The stock appears to be facing some resistance at the $64.42 and $67.67 levels with some support at $62.99. Shares of Marathon Petroleum have gained approximately 2.0 percent in 2013.
More information on Marathon Petroleum and access to the free equity report can be found at:
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