Replies to post #3906 on Blue Dolphin Energy Company (BDCO)

[snow]

The crack spreads for jet fuel based on future prices are hardly good. "Jet Fuel Cargoes CIF NWE (Platts) Crack Spread Futures - Quotes..." The quotes show crack spreads in coming months to be about 17 dollars per barrel. As far as I remember RD in the past estimated break-even for this company to be about 15 dollars.