Talk:Crack spread

This page is not a forum for general discussion about Crack spread. Any such comments may be removed or refactored. Please limit discussion to improvement of this article. You may wish to ask factual questions about Crack spread at the Reference desk.

Energy

	Energy portal This article is within the scope of WikiProject Energy, a collaborative effort to improve the coverage of Energy on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.EnergyWikipedia:WikiProject EnergyTemplate:WikiProject Energyenergy articles
???	This article has not yet received a rating on the project's importance scale.

Finance & Investment Mid‑importance

	This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
Mid	This article has been rated as Mid-importance on the project's importance scale.

Can anyone tell me[edit]

I have heard that the Crack spread today is about $00

If that is correct, and if Goldman Sacks makes a conservative estimate of a Gulf Coast 3:2:1 refining margin of $10 - 11.00, as they do here, what prices does that imply for (1)crude and for (2)refined and (3) distillate products?

"We believe the Street consensus is woefully underestimating the earnings power at Valero Energy and other refiners over the next several years.

Using a conservative $10-$11 per barrel Gulf Coast 3:2:1 refining margin, we now forecast EPS of $9.50 in 2007E, $10.50 in 2008E, and $12.00 in 2009E, which are a respective 19%, 52%, and 63% above the First Call consensus.

The key to our bullish outlook is continued resilient oil demand, increasingly regular “unplanned” downtime industry-wide, and significant delays in most of the major new projects that gives us confidence in sustained high margins through at least 2009."

208.115.203.200 16:11, 27 April 2007 (UTC)Harry[reply]

Diesel[edit]

where does diesel fit into this picture?— Preceding unsigned comment added by 75.30.115.123 (talk • contribs) 22:13, 24 May 2007‎

321[edit]

Just found a comment-tag query inside the article:

there's an error here. The 321 is defined as 3 oil - 2 gasoline - 1 fuel oil, when it should be 3 oil - 2 gasoline - 1 heating oil (or gasoil). RTFM: http://www.nymex.com/media/crackspread.pdf

Could someone who knows about this stuff check it out? Gordonofcartoon (talk) 20:21, 26 June 2008 (UTC)[reply]

how does this fair for big oil Chevron, Exxon[edit]

Oil is down today these stocks are holding, with good earnings coming out. WHere do you see them going? —Preceding unsigned comment added by 66.65.97.182 (talk) 19:05, 29 July 2008 (UTC)[reply]