However, you need to keep in mind that we are not talking about a systematic lowering of crude oil costs in eastern North America — we are talking about an increase
in crude costs in Western Canada, combined with a potential small decrease in costs for some eastern refineries.
When crude costs rise, they lock in higher prices for future delivery with buyers.
First you need to ask how Energy East will
impact crude costs for refineries across Canada, and then you need to ask whether such a change will alter gasoline prices at the pump.
Due to the demands of ethanol production, the corn ETF ($ KORN) is also influenced by
what crude costs.
The report continued: «Although the committee recognises that opportunities exist for efficiency gain as the tariff is reduced, it is concerned that excessive reliance on this instrument will result in both quality reduction and
crude cost shunting.»
A highly detailed, 28 - page document by the Norwegian Institute of Public Health offered «
crude cost estimates» for scaling up mass production of Ebola vaccines.
That's a small real increase
in crude cost (compared with 1979) and a whopping decrease in the value of the dollar.
Running the most effective and efficient operation is not the same as conducting
a crude cost - cutting exercise that sacrifices all notions of standards,» he added.