








Concerns about shrinking refining industry capacity put a fire under gasoline futures Friday, after news reports that a major east coast refinery shut down for repairs.
This should have been a day to celebrate at Ford headquarters. It announced a pre-tax operating profit of $8.8 billion for 2011, its most profitable year since 1999. Instead, the company missed earnings estimates by a nickel and investors are focusing on the company's conservative outlook for 2012.
Chevron reported lower quarterly earnings on Friday, as rising spending on oil and gas projects and losses at its refinery business offset gains from higher crude oil prices.
Take a look at some of Friday morning's early movers