BoeingBoy
Veteran
- Joined
- Nov 9, 2003
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U.S. crude oil refinery inputs averaged 13.6 million barrels per day during the week ending October 21, up 311,000 barrels per day from the previous week's average, as some Gulf Coast refiners were able to begin operating again. Refineries operated at 80.7 percent of their operable capacity last week (capacity temporarily lost is not subtracted from operable capacity). Gasoline production rose slightly, reaching nearly 8.6 million barrels per day, while distillate fuel production increased significantly, averaging over 3.6 million
barrels per day.
Spot prices for jet fuel.....10/21....10/14.....10/07.......9/30......9/23......9/16.......9/09.......9/02.......8/26
New York Harbor.........$2.0275 $2.1150 $2.3050 $2.4200 $2.0700 $1.9450 $2.0100 $2.2750 $1.9100
Gulf Coast...................$1.9325 $2.3050 $2.8400 $2.6450 $2.1750 $1.9050 $1.9488 $2.2050 $1.8675
Los Angeles................$1.8850 $2.0350 $2.0850 $2.3050 $2.0000 $1.8850 $1.9500 $2.2538 $2.0000
Spot prices for crude......10/21...10/14...10/07.....9/30.....9/23....9/16.....9/09.....9/02.....8/26
WTI Cushing.................$61.05 $62.61 $61.81 $66.21 $64.67 $62.91 $64.21 $66.91 $66.71
Brent............................$56.94 $58.45 $57.29 $61.70 $62.17 $60.48 $62.62 $65.95 $67.26
Current crude prices:
CNBC reports $62.20 @ 10:40am
Finally, average spot prices of jet fuel by month (by quarter once the quarter is over):
Delivery point.....1Q05.....2Q05......3Q05.....Oct05*
NY Harbor...... $1.4861 $1.5833 $1.9253 $2.1814
Gulf Coast..... $1.4400 $1.5649 $1.9263 $2.5081
Los Angeles.. $1.5228 $1.7008 $1.9585 $2.0446
*thru 10/25/05
As usual, here's the chart showing daily WTI and jet fuel prices since the trading day before Katrina:
View attachment 3564
As you can see, the "crack spread" is returning to near pre-Katrina levels - Los Angeles (which generally was the most expensive pre-Katrina) is about the same while NY Harbor & Gulf Coast are still $8-$10 higher.
Jim
barrels per day.
Spot prices for jet fuel.....10/21....10/14.....10/07.......9/30......9/23......9/16.......9/09.......9/02.......8/26
New York Harbor.........$2.0275 $2.1150 $2.3050 $2.4200 $2.0700 $1.9450 $2.0100 $2.2750 $1.9100
Gulf Coast...................$1.9325 $2.3050 $2.8400 $2.6450 $2.1750 $1.9050 $1.9488 $2.2050 $1.8675
Los Angeles................$1.8850 $2.0350 $2.0850 $2.3050 $2.0000 $1.8850 $1.9500 $2.2538 $2.0000
Spot prices for crude......10/21...10/14...10/07.....9/30.....9/23....9/16.....9/09.....9/02.....8/26
WTI Cushing.................$61.05 $62.61 $61.81 $66.21 $64.67 $62.91 $64.21 $66.91 $66.71
Brent............................$56.94 $58.45 $57.29 $61.70 $62.17 $60.48 $62.62 $65.95 $67.26
Current crude prices:
CNBC reports $62.20 @ 10:40am
Finally, average spot prices of jet fuel by month (by quarter once the quarter is over):
Delivery point.....1Q05.....2Q05......3Q05.....Oct05*
NY Harbor...... $1.4861 $1.5833 $1.9253 $2.1814
Gulf Coast..... $1.4400 $1.5649 $1.9263 $2.5081
Los Angeles.. $1.5228 $1.7008 $1.9585 $2.0446
*thru 10/25/05
As usual, here's the chart showing daily WTI and jet fuel prices since the trading day before Katrina:
View attachment 3564
As you can see, the "crack spread" is returning to near pre-Katrina levels - Los Angeles (which generally was the most expensive pre-Katrina) is about the same while NY Harbor & Gulf Coast are still $8-$10 higher.
Jim