Valero 2015 Annual Report Download - page 44

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Table of Contents
Average Market Reference Prices and Differentials
(dollars per barrel, except as noted)
Year Ended December 31,
2014
2013
Change
Feedstocks:
Brent crude oil $ 99.57
$ 108.74
$ (9.17)
Brent less WTI crude oil 6.40
10.80
(4.40)
Brent less ANS crude oil 1.73
1.00
0.73
Brent less LLS crude oil 2.79
0.41
2.38
Brent less Mars crude oil 6.75
5.52
1.23
Brent less Maya crude oil 13.73
11.31
2.42
LLS crude oil 96.78
108.33
(11.55)
LLS less Mars crude oil 3.96
5.11
(1.15)
LLS less Maya crude oil 10.94
10.90
0.04
WTI crude oil 93.17
97.94
(4.77)
Natural gas (dollars per MMBtu) 4.36
3.69
0.67
Products:
U.S. Gulf Coast:
CBOB gasoline less Brent 3.54
2.69
0.85
Ultra-low-sulfur diesel less Brent 14.28
15.95
(1.67)
Propylene less Brent 5.57
(2.72)
8.29
CBOB gasoline less LLS 6.33
3.10
3.23
Ultra-low-sulfur diesel less LLS 17.07
16.36
0.71
Propylene less LLS 8.36
(2.31)
10.67
U.S. Mid-Continent:
CBOB gasoline less WTI 12.28
16.77
(4.49)
Ultra-low-sulfur diesel less WTI 24.05
28.33
(4.28)
North Atlantic:
CBOB gasoline less Brent 9.07
8.50
0.57
Ultra-low-sulfur diesel less Brent 18.25
17.84
0.41
U.S. West Coast:
CARBOB 87 gasoline less ANS 13.40
12.69
0.71
CARB diesel less ANS 19.14
18.83
0.31
CARBOB 87 gasoline less WTI 18.07
22.49
(4.42)
CARB diesel less WTI 23.81
28.63
(4.82)
New York Harbor corn crush (dollars per gallon) 0.85
0.42
0.43
39