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

March 1, 2019

-

$48.75

 

Effective

March 15, 2019

-

$51.50

Effective

March 4, 2019

-

$49.75

 

Effective

March 18, 2019

-

$52.00

Effective

March 5, 2019

-

$49.50

 

Effective

March 20, 2019

-

$52.75

Effective

March 6, 2019

-

$49.25

 

Effective

March 21, 2019

-

$53.00

Effective

March 7, 2019

-

$49.50

 

Effective

March 22, 2019

-

$52.00

Effective

March 8, 2019

-

$49.00

 

Effective

March 25, 2019

-

$51.75

Effective

March 11, 2019

-

$50.00

 

Effective

March 26, 2019

-

$53.00

Effective

March 12, 2019

-

$49.75

 

Effective

March 27, 2019

-

$52.50

Effective

March 13, 2019

-

$51.25

 

Effective

March 28, 2019

-

$52.25

Effective

March 14, 2019

-

$51.75

 

Effective

March 29, 2019

-

$53.00

 

The average posted price for the month of March was $51.0565.

The average Nymex price for the month of March was $58.0861.

(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

(40 - 30 Gravity Flat)   (Below 30 .015 per .1)-                     

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