InvestorsHub Logo
Followers 117
Posts 35679
Boards Moderated 3
Alias Born 04/19/2012

Re: snow post# 2583

Wednesday, 08/17/2022 11:37:41 AM

Wednesday, August 17, 2022 11:37:41 AM

Post# of 4319
Jet fuel, diesel, and heavy oils. The crack spread for diesel is probably the best indicator we have. But I agree it is hard to determine exactly how profitable they are.

But don't forget that PBF has only 10% jet fuel. They probably have some other stuff too. But 80% is gasoline. And that applies to most refineries (except the 2 polish refineries that I pointed out in the past). A lot of companies don't even have jet fuel.

So this is a world of a difference with BDCO. The price for jet fuel and diesel is the best indicator we have. And we are in a very sweet spot compared to those other refineries.

---

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BDCO News