5. Futures Crude Maker and Super Gas sell and buy crude oil, respectively. Super Gas uses the crude oil to produce gasoline and wants to insure against input cost increases. Suppose that on December 1, 2014 the price of crude oil is $62.30 per barrel, Crude Maker and Super Gas enter into a contract on December 1, 2014, The contract specifies that Crude Maker will deliver one million barrels of crude oil to Super Gas on February 27, 2015 for $65 per barrel. The contract that Crude Maker and Super Gas have entered into is called a Suppose that on February 27, 2015, the market price of crude oil is $65,50. How does this impact Crude Maker's profits? O Crude Maker suffers a loss of $1,000,000 from its contract with Super Gas. O Crude Maker suffers a loss of $500,000 from its contract with Super Gas. O Crude Maker suffers a loss of $65,000,000 from its contract with Super Gas,