Exhibit 23.3
Consent of Blue, Johnson & Associates, Inc.
To Whom It May Concern:
We hereby consent to the use of our information, as properly attributed to us, in the registration statements on Form S-1 of CVR Energy, Inc. with respect to the following:
1. | A statement that the nitrogen fertilizer facility is the only operation in North America that utilizes a coke gasification process to produce ammonia. | ||
2. | A statement that nitrogen fertilizer prices in the United States are experiencing all-time highs and that these record prices are forecast to continue for the next several years. | ||
3. | A statement that nitrogen fertilizer prices, which historically showed a positive correlation with natural gas prices, have been decoupled from, and increased substantially more than, natural gas prices in 2007 and 2008. | ||
4. | Price projections for ammonia and UAN pricing published by Blue Johnson in May 2008. | ||
5. | Forecast of increase in nitrogen consumption by farm users in 2008 and the reasons therefore. | ||
6. | Southern Plains ammonia average spot prices ($337/ton) and Corn Belt UAN average spot prices ($201/ton) for the period from 2003 through 2007. | ||
7. | Average U.S. ammonia and UAN 32 demand in Texas, Oklahoma, Kansas, Missouri, Iowa, Nebraska and Minnesota from 2005-2007. | ||
8. | Average annual U.S. Corn Belt ammonia prices ($/ton) and UAN 32 ($/ton) from 1990 through May 2008. | ||
9. | Estimate of total U.S. demand for UAN and ammonia in 2007 which CVR Energy used to calculate its nitrogen fertilizer business’ percentage of total U.S. ammonia (less than 1%) and UAN (approximately 4.5%) demand. | ||
10. | The use of our Nitrogen Price Report as of 3/31/07 in connection with CVR Energy, Inc.’s preparation of price projections for the valuation of the managing general partner of CVR Partners, LP. |
Submitted by:
/s/ Thomas A. Blue
Thomas A. Blue
President
Blue, Johnson & Associates, Inc.
6101 Marble NE, Suite 8
Albuquerque, NM 87110
Tel 505-254-2157
Fax 505-254-2159
blucabq@qest.net
President
Blue, Johnson & Associates, Inc.
6101 Marble NE, Suite 8
Albuquerque, NM 87110
Tel 505-254-2157
Fax 505-254-2159
blucabq@qest.net
June 18, 2008