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GWMAN

08/01/11 11:58 AM

#125592 RE: arvitar #125574

Correct. Of the Crude oils that require refining, likght-sweet crude is that which is most sought after.

Obviously, if someone can buy ready-to-use fuel for a price that is the same or cheaper than what it would cost them to buy the raw material and pay for the refining, they would buy the ready-to-use fuel. Point being that it is simple fact that Agilyx will have to sell their product a price significantly lower than what JBI will be able to get their product because no refiner is going to buy light sweet crude for what the final product would sell for, as the refiner would not make any money.