Exhibit 23.4
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 statement on Form S-1 of CVR Partners, LP with respect to the following:
1. | A statement that the CVR Partners, LP nitrogen fertilizer facility is the only operation in North America that utilizes a coke gasification process to produce ammonia. | ||
2. | A statement that natural gas price trends have often correlated with nitrogen fertilizer price trends, although in 2007 fertilizer prices increased much more than natural gas prices. | ||
3. | Price projections for ammonia and UAN pricing published by Blue Johnson in December 2007. | ||
4. | Forecast of increase in nitrogen consumption by farm users in 2008 and the reasons therefore. | ||
5. | Southern Plains ammonia average spot prices ($337/ton) and Corn Belt UAN average spot prices ($201/ton) for the period from 2003 through 2007. | ||
6. | Average U.S. ammonia and UAN 32 demand in Texas, Oklahoma, Kansas, Missouri, Iowa, Nebraska and Minnesota from 2005-2007. | ||
7. | Average annual U.S. Corn Belt ammonia prices ($/ton) and UAN 32 ($/ton) from 1990 through 2007. | ||
8. | Industry data regarding typical natural gas usage by other ammonia manufacturers used to support the statement that the CVR Partners, LP nitrogen fertilizer facility uses less than 1% of the natural gas relative to natural gas-based fertilizer producers. | ||
9. | Estimate of total U.S. demand for UAN and ammonia in 2007 which CVR Partners used to calculate CVR Partners’ percentage of total U.S. ammonia and UAN 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
February 27, 2008
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
February 27, 2008