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RealDutch

08/17/22 11:37 AM

#2585 RE: snow #2583

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.

RealDutch

08/17/22 2:09 PM

#2596 RE: snow #2583

More diesel, Snow.

AGO = Atmospheric gasoil

The primary use of atmospheric gasoil is as a blendstock to make diesel or heating oil.



Finished petroleum products sometimes referred to as gasoil include:

Diesel
Heating oil or industrial gasoil
Marine gasoil (marine diesel)