Crude Price Bulletin

Note: For current crude oil prices call 1-800-832-5490  extension 8107 
 
CRUDE OIL PRICE BULLETIN
 
Effective 7:00 A.M. on dates indicated below, subject to change without notice and subject to the terms of its Division Orders, Countrymark Refining and Logistics, LLC will pay per barrel for merchantable crude oil purchased from the operator's lease tank and delivered to Countrymark Refining and Logistics, LLC, or its authorized agent.   
 
Illinois, Indiana & Kentucky       
                        
Effective 1-01-12 - $90.75
Effective 1-13-12 - $90.75
Effective 1-03-12 - $95.00
Effective 1-17-12 - $92.50
Effective 1-04-12 - $95.25
Effective 1-20-12 - $90.50
Effective 1-05-12 - $93.75
Effective 1-23-12 - $91.25
Effective 1-06-12 - $93.50
Effective 1-24-12 - $91.00
Effective 1-10-12 - $94.25
Effective 1-25-12 - $91.50
Effective 1-11-12 - $92.75
Effective 1-30-12 - $91.00
Effective 1-12-12 - $91.00
Effective 1-31-12 - $90.50
 
 
 
 
 
 
 
 

 

The average posted price for the month ofJanuary was 91.960

The average Nymex price for the month of January was 99.977

 
 (40 - 30 Gravity Flat)   (Below 30 .015 per .1)
  
   
Quantities purchased will be computed on 100% tank tables or mutually acceptable automatic measuring equipment, corrected to 60 temperature, with full deduction for B.S.& W. content.  
 
 
Countrymark Refining and Logistics, LLC will not accept crude oil containing halogenated, chlorinated or oxygenated organic compounds (such as but not limited to Carbon Tetrachloride, 1, 1 Dichloroethane, Trichloroethane or Tetrachloroethane, Isopropyl Alcohol, Ethyl Alcohol, Methanol, Glycol, Acetone). These and like compounds may cause severe equipment damage in the refinery.
 
 
Contamination usually occurs when a producer uses one of these chemicals in treating wells, flow lines and lease tankage to remove paraffin buildup. A small volume of crude contaminated with oxygenated or halogenated compounds can render large volumes of crude almost valueless. Any seller delivering crude oil to Countrymark Refining and Logistics, LLC containing such contaminant will be held liable for all damages resulting from that delivery.
 
 
COUNTRYMARK REFINING AND LOGISTICS, LLC
 
 
© 2012 Countrymark Cooperative Holding Corp. All rights reserved. | Legal Terms and Conditions of Use
 
 
A M E R I C A N    O I L
CountryMark is proud to refine only 100% American crude oil from the Illinois Basin. Click here to learn more about the jobs, economic impact and quality of American crude oil.
 
Q U E S T I O N ?
CountryMark always welcomes your questions or comments. Just fill out the form below.
All fields required.