Open the attached link for a historical summary of the spot oil price of West Texas Intermediate (WTI) from 1946 to present. JB has indicated that refineries are willing to pick up P2O product for the price of WTI minus $3.00. Currently WTI is fluctuating around $79, and many industry analysts feel that WTI's price in 2010 will fluctuate between $75 - $85. JBI has indicated that P2O produces a barrel of "oil" product for an approximate cost of $10 / barrel and that each barrel is "near gasoline grade" with little refining required.
http://www.economagic.com/em-cgi/data.exe/fedstl/oilprice+1
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