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

December 1, 2018

-

$44.00

Effective

December 14, 2018

-

$44.25

Effective

December 3, 2018

-

$45.75

Effective

December 17, 2018

-

$42.50

Effective

December 4, 2018

-

$46.25

Effective

December 18, 2018

-

$39.25

Effective

December 5, 2018

-

$45.75

Effective

December 19, 2018

-

$40.25

Effective

December 6, 2018

-

$44.50

Effective

December 20, 2018

-

$38.75

Effective

December 7, 2018

-

$45.50

Effective

December 21, 2018

-

$38.50

Effective

December 10, 2018

-

$44.25

Effective

December 24, 2018

-

$35.75

Effective

December 11, 2018

-

$44.75

Effective

December 26, 2018

-

$39.00

Effective

December 12, 2018

-

$44.00

Effective

December 27, 2018

-

$37.50

Effective

December 13, 2018

-

$45.75

Effective

December 28, 2018

-

$38.25

Effective

December 31, 2018

-

$38.75

The average posted price for the month of December was 41.8065.

The average Nymex price for the month of December was 48.8229.

(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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