Petroleum Marketing Monthly Feb 1, 2011: “Refiner acquisition costs for crude oil (the cost of crude oil, including transportation charges and other fees) remained on an upward path in November. The monthly average refiner acquisition cost for domestic crude oil rose $3.17 (4.0 percent), to $82.05 per barrel, while the average cost of imported crude oil climbed $3.38 (4.4 percent), to $80.40 per barrel. The composite refiner acquisition cost (the weighted average of domestic and imported crude oil prices) increased $3.28 (4.2 percent) from Octobers level, to $81.05 per barrel, its highest level since September 2008. Data reflecting sales of finished petroleum products sold for consumption during November show a 1.2 percent decline in gasoline sales at the U.S. level from Octobers rate, while sales of distillates fell 1.7 percent month-on-month. More specifically, ultra-low sulfur No. 2 diesel fuel sales fell 5.2 percent, while sales of No. 2 fuel oil continued to climb firmly as the heating season progressed.”
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