[start quote]
another angle
page 12 of the latest preso - see the last point (note - for calcs CVN gets 85% of WTI)
[end quote]
That was the refinery discount given back with the high wax content of Wichian Buri in the sandstones. The clarification I never asked was how the NSE volcanics where as far as the wax content. I do know they mentioned in a "recent report" that they are re-negotiating the discount.
good news week, page-46
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