Today Obama announced that two oil companies will be allowed to export a certain type of unrefined oil after an over 30 year ban.  This will allow the Texas company pioneer and another to start exporting oversees starting around august due to a written request.  I came upon this information because CVR refinery was down big today along with Valero.  CVRR did a secondary offering today around 26 that allows certain investors to buy an additional 900,000 shares.  The stock was down about 8% so i bought more.  CVRR.  Instead of breaking this all down relative to what CVR does lemme post the company profile and you will see why this stock is a screaming-pounding-the-table BUY. 

    Headquartered in Sugar Land, Texas, CVR Refining, LP is an independent downstream energy limited partnership that owns refining and related logistics assets in the Midcontinent United States. CVR Refining’s subsidiaries operate a complex full coking medium-sour crude oil refinery with a rated capacity of 115,000 barrels per calendar day (bpcd) in Coffeyville, Kan., and a medium complexity crude oil refinery with a rated capacity of 70,000 bpcd in Wynnewood, Okla. CVR Refining’s subsidiaries also operate supporting logistics assets including approximately 350 miles of pipelines, more than 150 crude oil transports, a network of strategically located crude oil gathering tank farms, and more than six million barrels of owned and leased crude oil storage capacity.

   As you can see Pioneer being a Texas company they are posed to benefit from this.  Since they hold strategic assets such as pipelines and storage space.  Icing on the cake: 14% dividendpayout coming this summer ;)