Crude Bulletin
Note: For current crude oil prices call 1-800-832-5490
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 Cooperative, LLP will pay per barrel for merchantable crude oil purchased from the operator's lease tank and delivered to Countrymark Cooperative, LLP, or its authorized agent.
Illinois, Indiana & Kentucky
(40 - 30 Gravity Flat) (Below 30 .015 per .1)
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Effective 08-01-10 - $71.00
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Effective 08-18-10 - $67.50
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Effective 08-02-10 - $73.25
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Effective 08-19-10 - $66.25
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Effective 08-03-10 - $74.50
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Effective 08-20-10 - $65.50
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Effective 08-05-10 - $74.00
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Effective 08-23-10 - $65.00
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Effective 08-06-10 - $72.75
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Effective 08-24-10 - $63.50
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Effective 08-09-10 - $73.50
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Effective 08-25-10 - $64.50
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Effective 08-10-10 - $72.25
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Effective 08-26-10 - $65.25
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Effective 08-11-10 - $70.00
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Effective 08-27-10 - $67.25
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Effective 08-12-10 - $67.75
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Effective 08-30-10 - $66.50
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Effective 08-13-10 - $67.25
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Effective 08-31-10 - $63.75
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Effective 08-17-10 - $67.75
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The average posted price for the month of August was $68.589
The average Nymex price for the month of August was $76.615
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 Cooperative, LLP 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 Cooperative, LLP containing such contaminant will be held liable for all damages resulting from that delivery.
COUNTRYMARK COOPERATIVE, LLP
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.
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