Koch Brothers' Refinery "Pays" -$0.50 For North Dakota Crude

[Horse]

Alta .77/ litre X 205/barrel=$180 for crude costing?$28 and that dont count the pharmacuticals,oil,greese.chemicals.plastics. Its like farming you need to be the end manufacturer not the base producer.
As for the oil worker boo hoo they have been raping the goose that laid the golden egg so long I guess she got tired and filed for a devorce from an abbusive relationship.

[Horse]

Alta .77/ litre X 205/barrel=$180 for crude costing?$28 and that dont count the pharmacuticals,oil,greese.chemicals.plastics. Its like farming you need to be the end manufacturer not the base producer.
As for the oil worker boo hoo they have been raping the goose that laid the golden egg so long I guess she got tired and filed for a devorce from an abbusive relationship.

[bucket]

So the coop equity cheques should be "uuuuge" this year?

[jas270]

You need to back out all the US taxes and then add the Canadian taxes to get to a comparable price...

$1.54/gallon - $0.16/gal state - $0.184/gal Fed = $1.196/gal/3.78L/gal =$0.3164/L x 1.46CAD$/US$ = $0.4619/L $0.10/L FET $0.15/L Prov Tax = $0.7119 * 5% GST = $0.7475 CAD/L

Seems awfully close to what some Western Canadian markets are charging...maybe even lower if you use Tom's numbers from Regina...

[jas270]

You need to back out all the US taxes and then add the Canadian taxes to get to a comparable price...

$1.54/gallon - $0.16/gal state - $0.184/gal Fed = $1.196/gal/3.78L/gal =$0.3164/L x 1.46CAD$/US$ = $0.4619/L $0.10/L FET $0.15/L Prov Tax = $0.7119 * 5% GST = $0.7475 CAD/L

Seems awfully close to what some Western Canadian markets are charging...maybe even lower if you use Tom's numbers from Regina...

[jas270]

Horse - an oil barrel is defined as 42 US gallons or 159L...once again take out taxes, retailer margin, crude costs etc

[SASKFARMER3]

Had farm delivery yesterday for diesel .48.
I guess its getting close to a good price.

[farmaholic]

I hope by the time summer grade is available they haven't found an excuse to jack up the price. Summer grade usually becomes available mid March-ish.

[bucket]

Summer grade here at 68 cents last week.

[farmaholic]

Bucket, our Co-op quoted 61cents for summer BUT they don't handle it although it is available....need to make a couple more calls.....

Who would fill at "these" prices? I can see it creeping up closer to spring when they know demand will rise, regardless of where a barrel of crude is priced.