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Crack Spread

Energy Term

A simplified calculation that measures the difference between the price for light products and crude oil. For example, the 2-1-1 crack spread is often referenced and represents the approximate gross margin resulting from processing two barrels of crude oil to produce one barrel of gasoline and one barrel of distillate.

   
     
Related Energy Terms
                     
                     
 Ammonia   Bulk Sales   Development well  
 Asphaltene   Capacity Oil and Gas Operations Industry   Dewpoint  
 Barrel   Cfe   Distillates  
 Bbl   Coal   Downstream   
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 Bcfe   Compliance Coal   Dth  
 Blendstocks    Condensate   Dthe  
 BOE   Crack Spread    Emissions  
 Bpd   Crude Oil Desalting   Equity production  
 Btu   Cubic Foot CF   Ethanol  
               
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