What’s a good price for crude oil for the 3-2-1 crack spread

The 3-2-1 crack spread is a calculation used in the oil and gas industry to estimate the profitability of refining a barrel of crude oil into various petroleum products. The crack spread represents the difference between the price of a barrel of crude oil and the prices of the petroleum products refined from it. A good price for crude oil for the 3-2-1 crack spread would depend on several factors, including the current market conditions, the supply and demand dynamics for crude oil and petroleum products, and the cost of refining the crude oil into these products. Generally, a wider crack spread would be more favorable for refineries, as it indicates a higher profit potential. However, it's important to note that the 3-2-1 crack spread is just one metric used to evaluate the profitability of refining operations, and it should be considered in conjunction with other factors such as the price of feedstock and the cost of production.