I dunno, maybe he's a big Buffy fan or something.
MarketWatch: Oil stocks up on crude, Goldman note.
"With refining capacity gains expected to just about meet trend demand growth over the next several years, we believe that our view of an extended strong cycle is intact," Goldman Sachs analyst Arjun Murti wrote in a note. "We continue to believe that we are in the early part of the middle phase of a 'super-spike' period for commodity prices."
For a pure refining play, Murti said he continues to like Valero, citing its "diversified asset base, complex refinery system, and track record of acquisition integration." He said Valero stock has the potential to spike 39% higher to $84 a share.