spot prices
The prices you are looking at are in Kansas and Texas. That's like looking at gasoline staion prices there; apples and oranges. Eastern gets most, if not all, by rail and that would come from Canada.
But, compared to previous years, their margin (from rack price only, many more costs have to be added on) was between 15% and 20%. So yeah, it is higher this year. Still an ok price, but only time will tell. Oil is dropping daily right now, but that could change in an instant, and probably will.
|