Key Distillate Prices

Diesel Fuel News, June 11, 2001

Key Distillate Prices ($/Gal)
June 8, 2001
                Low Sulfur  High Sulfur
New York
Spot                  0.79         0.77
Rack No. 2            0.82         0.79
Rack No. 1            0.93          n/a
Futures (July)         n/a         0.77
Houston
Spot                  0.77         0.74
Rack No. 2            0.80         0.78
Rack No. 1            0.89          n/a
Chicago
Spot                  0.90         0.84
Rack No. 2            0.95         0.87
Rack No. 1            1.02          n/a
Los Angeles           CARB      Federal
Spot                  0.88         0.87
Rack                  0.88         0.88
Rotterdam
Spot                  0.77         0.74
IPE Futures            n/a         0.73
Singapore
Spot                   n/a         0.70

Note: Sulfur levels in New York, Chicago, Houston are low-sulfur distillate for 0.05 wt% and for high-sulfur 0.3 wt%. Both sulfur levels are 0.05 wt% in Los Angeles. Sulfur levels in Rotterdam and Singapore are 0.1 wt% and 0.3 wt% for low and high, respectively.