Question: 1 pts Calculate the refining margin for crude oil X in $ per barrel. Type the margin into the blank to two decimal places.

1 pts Calculate the refining margin for crude oil X in $ per barrel. Type the margin into the blank to two decimal places. Do not type the $ sign. So if you calculate the answer to be 5.30, type 5.30 in the blank. You will not receive credit if you cannot follow these instructions. For example, if you type 5.3 but not the O, you will not receive credit. INPUTS CRUDE X PRICE $ 65.00 REFINING COST CRUDE X $ 3.25 CRUDE Y PRICE $ 60.00 REFINING COST CRUDE Y $ 3.75 Refined Crude Component-CRUDEX Value Value Yield, % (US$/bb) (US$/bbl Fuel Gas 10% Motor Gasoline 30% Unfinished Gasoline 5% Jet Fuel 5% Diesel Fuel 25% Unfinished Diesel Fuel 35% Asphalt 5% Fuel Oil 5% Other Gross Revenue 10% 22226932 65 85 67 45 35 100% Cost of Crude Refining Costs Profit per barrel of Crude
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1 Component Crude X fuel gas Crude Yield 10 Value US bbI 48 Refined Value US bbl 01 48 48 2 Componen... View full answer
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