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Old 4th Sep 2008, 23:42
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porch monkey
 
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Oil price does not directly reflect turbine fuel price. There is a "refiner's margin" that varies between $10-$40 dollars a barrel on top of the base oil price. Supposed to go towards the extra cost of actually producing avtur and it's higher quality etc. It is also sometimes used as a profit enhancing tool, when refining capacity for the product is low, the "margin" suddenly becomes higher.....

At oil's peak price of about $145 or so not long ago, turbine fuel was $185 per barrel.
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