The Company, through its subsidiary, is engaged in the business of refining crude oil into gasoline, diesel fuels, asphalt, other refined products, and selling its products, purchased from third parties, to various customers.
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Several factors trigger this pick, one is the return to profitability, as well as the progress on lowering their debt, but perhaps the biggest is the potential for increased profits in the coming year with the increased interest in US refining. MPC just bought a texas based refining company, that probably isn't the last US refinery bought in the coming year.