terminal gate pricing

Rather than using the price of Crude Oil to determine the future profitability of the Biofuels Industry, it is better to rely on Terminal Gate Pricing.

A good Australian example is:

http://www.shell.com/home/au-en/html/iwgen/shell_for_businesses/bulk_fuel/app_tgp.html


Other factors to consider are:
- This pricing includes 10% GST
- This pricing includes the 38cpl Government Tax, but currently I believe Biofuels are subsidised by that amount
- 1 Tonne of Oil is equivalent to 1140 Litres

The current difference between Diesel and Unleaded of 20 cents per litre (excluding GST) is equivalent to about $US30BBL ... so it is important to track these prices