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Jason Schwantz, Senior Vice President of Energy Go-To-Market at CHS, Inc, shares his background growing up on a dairy farm and his journey in the oil business. He discusses the sourcing of crude oil for CHS's refinery in Laurel, Montana, with the majority coming from Canada due to existing pipelines and the discount on Canadian crude. He explains that while Bakken crude is closer to the refinery, the lack of pipelines and its gas-rich properties make it less favorable. Schwantz also highlights the importance of cost efficiency in maintaining competitive fuel prices for CHS's cooperatives. The conversation discusses the process of refining crude oil at the CHS refinery in Laurel, Montana, and the transportation of the refined products to various terminals and farms. It also touches on the impact of electric vehicles on the fuel industry and the pricing of fuel based on market factors.
5
99 ratings
Jason Schwantz, Senior Vice President of Energy Go-To-Market at CHS, Inc, shares his background growing up on a dairy farm and his journey in the oil business. He discusses the sourcing of crude oil for CHS's refinery in Laurel, Montana, with the majority coming from Canada due to existing pipelines and the discount on Canadian crude. He explains that while Bakken crude is closer to the refinery, the lack of pipelines and its gas-rich properties make it less favorable. Schwantz also highlights the importance of cost efficiency in maintaining competitive fuel prices for CHS's cooperatives. The conversation discusses the process of refining crude oil at the CHS refinery in Laurel, Montana, and the transportation of the refined products to various terminals and farms. It also touches on the impact of electric vehicles on the fuel industry and the pricing of fuel based on market factors.
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