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 Refining and Logistics, LLC (hereinafter CountryMark) will pay per barrel for merchantable crude oil purchased from the operator's lease tank and delivered to CountryMark, or its authorized agent.

Illinois, Indiana & Kentucky

Effective October 1, 2020 - $31.72 Effective October 16, 2020 - $33.88
Effective October 2, 2020 - $30.05 Effective October 19, 2020 - $33.83
Effective October 5, 2020 - $32.22 Effective October 20, 2020 - $34.46
Effective October 6, 2020 - $33.67 Effective October 21, 2020 - $33.03
Effective October 7, 2020 - $32.95 Effective October 22, 2020 - $33.64
Effective October 8, 2020 - $34.19 Effective October 23, 2020 - $32.85
Effective October 9, 2020 - $33.60 Effective October 26, 2020 - $31.56
Effective October 12, 2020 - $32.43 Effective October 27, 2020 - $32.57
Effective October 13, 2020 - $33.20 Effective October 28, 2020 - $30.39
Effective October 14, 2020 - $34.04 Effective October 29, 2020 - $29.17
Effective October 15, 2020 - $33.96 Effective October 30, 2020 - $28.79

 

The average posted price for the month of October was $32.4435.

The average NYMEX price for the month of October was $39.4435..

(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 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 containing such contaminant will be held liable for all damages resulting from that delivery.

COUNTRYMARK REFINING AND LOGISTICS, LLC

We purchase Illinois Basin Crude Oil.  For more information please email, Crude@CountryMark.com
CountryMark helps cover mask costs for local students in Posey County
CountryMark is helping to cover the costs of face masks for students attending school in the Metropolitan School District of North Posey County and the Metropolitan School District of Mount Vernon Indiana.
 
CountryMark and branded dealers give back through adjusted Fueling Freedom program
For over 10 years, CountryMark has hosted Fueling Freedom events at CountryMark branded fueling stations across Indiana, Illinois and Ohio. During these events, CountryMark and branded dealers have donated 50 cents for every gallon of fuel pumped to local National Guard Soldier & Family Readiness Groups
 
Unleaded 88 now available at CountryMark terminals
CountryMark, a farmer-owned cooperative, recently added Unleaded 88, a 15 percent ethanol blend to its PLUS gasoline product line-up. The new, higher octane gasoline fuel will be available for purchase at CountryMark fuel terminal locations in Jolietville, Mt. Vernon, Peru and Switz City, Indiana.
 
COVID-19 Public Statement from CountryMark
A message from CountryMark President and CEO Matt Smorch regarding COVID-19 (coronavirus).
 
CountryMark CEO Retires After Lifetime Career in Oil Business
After 17 years as CountryMark's chief executive officer and president, Charlie Smith will retire from the company this December. "Our employees are what makes this company great, and I have been honored to serve them since 2003," said Smith.
 
 

facebook   linkedin   Twitter   Youtube