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re: Update, May crude oil futures now down to under $12

Posted on 4/19/20 at 8:37 pm to
Posted by The Boat
Member since Oct 2008
164342 posts
Posted on 4/19/20 at 8:37 pm to
It’s about 70%
Posted by TulaneUVA
Member since Jun 2005
25919 posts
Posted on 4/19/20 at 8:42 pm to
quote:

It’s about 70%


I’m not even going to argue the number even though it’s wrong (closer to 50%).

If Jet is a portion of your product slate that you can’t sink into diesel or mogas, what do you do? Store it and keep running to make diesel and mogas? Cool, that’s what all the other refineries are doing. What do you do what that storage capacity runs out?
Posted by Turbeauxdog
Member since Aug 2004
23279 posts
Posted on 4/19/20 at 11:36 pm to
quote:

It’s about 70%


Nah.
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