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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (392617)	6/19/2008 10:09:12 PM
From: combjelly	Read Replies (1) \| Respond to of 1576912

"The way I understand it is that there is no way to know where your gasoline came from....." In general, you have a point. But it isn't necessarily the case. I am guessing the refinery in question is an independent. At the moment, the bulk of our refining capacity for heavy, sour crude is by the independents. And independents will often sign long term contracts with companies like Costco instead of putting it on the spot market. That enables them to sign futures contracts for their oil. Given the current spread between heavy, sour crude and light, sweet crude, both that refinery and Costco are probably making out like bandits.

To: J_F_Shepard who wrote (392617)	6/22/2008 4:23:12 PM
From: Neeka	Read Replies (2) \| Respond to of 1576912

I'm taking the word of my local Costco's buyer and field guy, I had a long conversation with him before I started buying there. If I get the chance I'll question him further. But the part of your post I was addressing was: I know that Alaskan oil, for example, is sent to Japanese refineries because they are closer to the source. I'm sure some Alaskan crude is sent to Japan, but not all Alaskan crude is sent to Japan. The Anacortes refineries get some of the crude too.