19 CFR Part 146, Appendix to Part 146 - Guidelines for Determining Producibility and Relative Values for Oil Refinery Zones

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View PDF at GPO Pt. 146, App.
Appendix to Part 146—Guidelines for Determining Producibility and Relative Values for Oil Refinery Zones
Where an example is set out in this appendix, the example is for purposes of illustrating the application of a provision, and where there is any inconsistency between the example and the provision, the provision prevails to the extent of the inconsistency. Alternative formats are also acceptable so long as they are consistent with the provisions of this part.
I. Attribution Using Producibility Showing Manufacturing Periods From Admission to Removal Within a Calendar Month.
Volume losses and gains accounted for by weight.
Day 1
Receipt into the refinery subzone during a 30-day month:
50,000 pounds privileged foreign (PF) class II crude oil.
50,000 pounds PF class III crude oil.
50,000 pounds domestic status class III crude oil.
Day 10
Removal from the refinery subzone for exportation of 50,000 pounds of aviation gasoline.
The period of manufacture for the aviation gasoline is Day 1 to Day 10. The refiner must first attribute the designated source of the aviation gasoline.
In order to maximize the duty benefit conferred by the zone operation, the refiner chooses to attribute the exported aviation gasoline to the privileged foreign status crude oil. Under the tables for potential production (T.V. 66-16), class II crude has a 30% potential, and class III has a 40% potential. The maximum aviation gasoline producible from the class II crude oil is 15,000 pounds (50,000 × .30). The maximum aviation gasoline producible from the privileged foreign status class III crude oil is 20,000 pounds (50,000 × .40). The domestic class III crude would also make 20,000 pounds of aviation gasoline.
The refiner could attribute 15,000 pounds of the privileged foreign class II crude oil, 20,000 pounds of the privileged foreign class III crude oil, and 15,000 pounds of the domestic class III crude oil as the source of the 50,000 pounds of the aviation gasoline that was exported; 35,000 pounds of class II crude oil would be available for further production for other than aviation gasoline, 30,000 pounds of privileged foreign class III crude oil would be available for further production for other than aviation gasoline, and 35,000 pounds of domestic status class III crude oil would be available for further production, of which up to 5,000 pounds could be attributed to aviation gasoline.
Day 21
Receipt in the refinery subzone:
50,000 pounds PF status class I crude oil.
50,000 pounds PF status class IV crude oil.
Day 30
Removal from the refinery subzone:
30,000 pounds of motor gasoline for consumption.
10,000 pounds of jet fuel sold to the US Air Force for use in military aircraft.
10,000 pounds of aviation gasoline sold to a U.S. commuter airline for domestic flights.
10,000 pounds of kerosene for exportation.
To the extent that the crude oils that entered production on Day 1 are attributed as the designated sources for the products removed on Day 30, the period of manufacture is Day 1 to Day 30. If the refiner chooses to attribute the crude oils that were admitted on Day 21 as the designated sources of the products removed on Day 30 using the production standards published in T.D. 66-16, the manufacturing period is Day 21 to Day 30. This choice will be important if a relative value calculation on the privileged foreign status crude oil is required, because the law requires the value used for computing the relative value to be the average per unit value of each product for the manufacturing period. Relative value must be calculated if a source feedstock is separated into two or more products that are removed from the subzone refinery. If the average per unit value for each product differs between the manufacturing period from Day 1 to Day 30 and the manufacturing period from Day 21 to Day 30, the correct period must be used in the calculation.
In order to minimize duty liability, the refiner would try to attribute the production of the exported kerosene and the sale of the jet fuel to the US Air Force to the privileged foreign crude oils. For the same reason, the refiner would try to attribute the removed motor gasoline and the aviation gasoline for the commuter airline to the domestic crude oil.
Accordingly, the refiner chooses to attribute up to 5,000 pounds of the domestic status class III crude as the source of the 10,000 pounds of aviation gasoline removed from the subzone refinery for the commuter airline. Since no other aviation gasoline could have been produced from the crude oils that were admitted into the refinery subzone Day 1, the refiner must attribute the remainder to the crude oils that entered production on Day 21. Again, using the production standards from T.D. 66-16, the class I crude could produce aviation gasoline in an amount up to 10,000 pounds (50,000 × .20). Likewise, the class IV crude oil could produce aviation gasoline in an amount up to 8,500 pounds (50,000 × .17).
The refiner selects use of the class I crude as the source of the aviation gasoline. The refiner could attribute up to 27,300 pounds (35,000−5,000 × .91) of the domestic class III crude oil as the source of the motor gasoline. This would leave 2,700 pounds of domestic class III crude available for further production for other than aviation gasoline or motor gasoline. The remaining motor gasoline removed (also 2,700 pounds) must be attributed to a privileged foreign crude oil. The refiner selects the privileged foreign class II crude oil that entered production on Day 1 as the source for the remaining 2,700 pounds of motor gasoline.
This would leave 32,300 pounds of privileged foreign class II crude oil available for further production, of which no more than 27,400 pounds could be designated as the source of motor gasoline. The refiner attributes the jet fuel that is removed from the refinery subzone for the US Air Force for use in military aircraft to the privileged foreign class II crude oil. The refiner could attribute up to 20,995 pounds of jet fuel from that class II crude oil (32,300 × .65). Designating that class II crude oil as the source of the 10,000 pounds of jet fuel leaves 22,300 pounds of privileged foreign class II crude oil available for further production, of which up to 10,995 pounds could be attributed as the source of the jet fuel. Because the motor gasoline and the jet fuel, under the foregoing attribution, would be considered to have been separated from the privileged foreign class II crude oil, a relative value calculation would be required.
The jet fuel is eligible for removal from the subzone free of duty by virtue of 19 U.S.C. 1309(a)(1)(A). The refiner could attribute the privileged foreign class II crude oil as being the source of the 10,000 pounds of jet fuel (22,300 × .65). The refiner chooses to attribute the privileged foreign class III crude oil as the source of the jet fuel. The refiner could attribute to that class III crude oil up to 15,000 pounds of kerosene (30,000 × .50).
II. Attribution on a FIFO Basis
(Accounting for volume losses or gains by the weight method)
Day 1-5
Transfer, into the Refinery Subzone, from one or more storage tanks into process 150 barrels of Privileged Foreign (PF) Class II crude oil, equivalent to 50,000 pounds.
Day 6
Removal from the refinery subzone 119 barrels of residual oils to customs territory, equivalent to 40,000 pounds.
Since the operator uses the FIFO method of attribution, as the product is removed from the subzone, or consumed or lost within the subzone, attribution must be to the oldest feedstock available for attribution. Accordingly, the 40,000 pounds of residual oils will be attributed to 40,000 pounds of the PF Class II crude oil from Day 1-5.
Day 10
Transfer, into the refinery subzone, from one or more storage tanks 4 barrels of domestic motor gasoline blend stock, equivalent to 1,000 pounds to motor gasoline blending tank.
Day 6-15
Transfer, into the refinery subzone, from one or more storage tanks into process 320 barrels of Domestic Class III crude oil, equivalent to 100,000 pounds.
Day 16
Removal from the refinery subzone 14 barrels of asphalt to customs territory, equivalent to 5,000 pounds.
The 5,000 pounds of asphalt will be attributed to 5,000 pounds of PF Class II crude oil from Day 1-5.
Day 17
Removal from the refinery subzone, 324 barrels of motor gasoline to customs territory, equivalent to 81,000 pounds.
The 81,000 pounds of motor gasoline will be attributed to 1,000 pounds of domestic motor gasoline blend stock from Day 10, to the remaining 5,000 pounds of PF Class II crude oil from Day 1-5 and 75,000 pounds of domestic Class III crude oil from Day 6-15.
Day 16-20
Transfer, into the refinery subzone, from one or more storage tanks into process 169 barrels of Privileged Foreign (PF) Class III crude oil, equivalent to 50,000 pounds.
Day 22
Removal from the refinery subzone, 214 barrels of jet fuel for exportation, equivalent to 60,000 pounds.
The 60,000 pounds of jet fuel will be attributed to the remaining 25,000 pounds of domestic Class III crude oil from Day 6-15 and 35,000 pounds of PF Class III crude oil from Day 16-20.
Day 21-25
Transfer, into the refinery subzone from one or more storage tanks into process, 143 barrels of domestic Class I crude oil, equivalent to 50,000 pounds.
Day 30 (End of the Manufacturing Period)
It is determined that during the manufacturing period just ended, that 34 barrels of fuel, equivalent to 10,000 pounds was consumed, and 5 barrels of oil, equivalent to 1,500 pounds was lost in the refining production process within the refinery subzone.
The 10,000 pounds of fuel consumed will be attributed 10,000 pounds of PF Class III crude oil from Day 16-20. The 1,500 pounds of oil lost in the refining production process will be attributed to 1,500 pounds of PF Class III crude oil from Day 16-20. The remaining 3,500 pounds of PF Class III crude oil from Day 16-20 will be the first to be attributed during the next manufacturing period.
III. Relative Value Calculation
Because privileged foreign feedstocks transferred into process during Day 1-5 and Day 16-20 have two or more products attributed to them, each feedstock will require a relative value calculation.
Relative value calculation for UIN Day 1-5, 50,000 pounds, equivalent to 150 barrels.
ALbs BBBLS C$/BBL DProduct value ER.V. Factor FR.V. BBL GDutiable BBL
A=Pounds Attributed.
B=Equivalent Barrels.
C=Price of Product.
D=B×C.
E=C/(Total of Column D/Attributed Crude BBLS).
Residual Oil RV Factor=15.00/(2,487/150)=.9047.
F=B×E.
G=Dutiable Barrels.
Since all products attributed to the 50,000 pounds (150 BBLS) of PF Class II crude entered customs territory duty equals $7.88 (150×.0525).
Feedstock factor calculation for UIN Day 16-20, 46,500 pounds equivalent to 157 barrels.
Residual oil 40,000 119 15.00 1,785 .9047 108 108
Asphalt 5,000 14 13.00 182 .7840 11 11
Motor gasoline 5,000 20 26.00 520 1.5682 31 31
Totals 50,000 153 2,487 150 150
Lbs BBLS $/BBL Product value Feedstock factor R.V. BBL Dutiable BBL
Since jet fuel was exported, no duty is applicable. Fuel consumed for refinery process was consumed within the subzone premises and did not enter customs territory, thus no duty is applicable (assume refinery not barred by duty-free consumption restriction). Likewise, the process loss occurred entirely within the subzone. Therefore, no duty is applicable.
Jet Fuel 35,000 125 27.00 3,375 1.1030 138 0
Fuel 10,000 34 12.00 408 0.4902 17 0
Consumed Process Loss 1,500 5 12.00 60 0.4902 2 0
Totals 46,500 164 3,843 157 0
IV. Attribution to Privileged Foreign Feedstock; Relative Value; Monthly Manufacturing Period, Weekly Entries, Attribution to a Prior Period; Volume Loss or Gain Shown by Volume Differences.
An operator who elects to attribute on a monthly basis files the following estimated removal of final products for the first week in September:
Because it does not elect to make attributions for feedstocks that were charged to operating units during the same week, the operator attributes the estimated removals to final products made during August from the following feedstocks:
Jet Fuel (deemed exported on international flights) 20,000
Gasoline—Domestic Consumption 15,000
Duty-free certified as emergency war material 10,000
Petroleum coke exportations 10,000
Distillate for consumption 5,000
Petrochemicals exported 10,000
Total removals 70,000
During August the operator produced from those feedstocks:
Class II PF (privileged foreign) crude 20,000
Class III PF crude 35,000
Class III D (domestic) crude 20,000
Class III NPF (nonprivileged foreign crude 20,000
95,000
There is a gain of 105,000−95,000=10,000
Using the tables in T.D. 66-16, the following choices are available for attribution:
Jet 35,000
Gasoline 40,000
Petroleum Coke 10,000
Distillate 5,000
Petrochemicals 15,000
105,000
Charged Jet Gasoline Petrolum coke Distillate Petro-chemical
Feedstock factors are calculated:
Class II PF Crude 20,000 13,000 17,200 4,400 17,200 5,000
Class III PF Crude 35,000 24,500 31,850 14,000 31,150 10,150
Class III D Crude 20,000 14,000 18,200 8,000 17,800 5,800
Class III NPF Crude 20,000 14,000 18,200 8,000 17,800 5,800
Barrels Valuebarrels Value Feedstock factors
Using the feedstock factor the refiner makes the following attributions:
Gasoline 40,000 $25 $1,000,000 .9117
Jet Fuel 35,000 23 805,000 .8388
Distillate 5,000 20 100,000 .7294
Petroleum Coke 10,000 10 100,000 .3647
Petrochemicals 15,000 40 600,000 1.4587
105,000 2,605,000
Gain −10,000 $2,605,000
Total 1 95,000 =$27.42 average value p/bbl
Jet Fuel 24,192 (20,291 feedstock attributed to Class III PF Crude).
10,808 Class III NPF Crude (attribution of 9066 solely for purpose of accounting for the amount of NPF used).
35,000
Gasoline 5,000 (4,559 feedstock attributed to Class III PF Crude).
5,000 Class III NPF Crude (attribution of 4599 solely for purpose of accounting for the amount of NPF used).
15,000 (13,676 feedstock attributed to Class III D Crude).
Petroleum Coke 8,418 (3,070 feedstock attributed to Class II PF Crude).
1,582 Class III NPF Crude (attribution of 577 solely for purposes of accounting for the amount of NPF used).
10,000
Distillate 5,000 (3,647 feedstock attributed to Class III Domestic).
Petrochemicals 3,975 (5,800 feedstock attributed to Class III NPF Crude).
6,025 (8,789 feedstock attributed to Class III PF Crude).
10,000
V. Weekly Entry, Weekly Manufacturing Period, and Relative Values Calculated on the Actual Weighted Average Values at the End of the Week.
On the weekly estimated production CF 3461, the refiner is required to provide a pro forma invoice or schedule showing the number of units of each type of merchandise to be removed during the week and their zone and dutiable values. For example, on CF 3461 the refiner estimates the following shipments and relative values for the next week and files this on the preceding Friday.
Product week 1 PF shipments (MBBLS) Value/barrel (platts) Total value
Attributed Feedstock—Class III Crude: 615,000@ $105=$64,575 (estimated duties)
During that week the refiner actually removes the following products and reports those on the CF 7501 filed within 10 business days after the CF 3461 is filed. Column 3 is the actual “weighted average” value for the manufacturing period, therefore, no reconciliation is necessary.
Motor Gasoline 20,000 $35 $700,000
Total Alkylate 25,000 35 875,000
Heavy Reformate 60,000 35 2,100,000
Reformer Feed 110,000 35 3,850,000
Raffinates 200,000 35 7,000,000
Jet Fuel 200,000 35 7,000,000
Total 615,000 $21,525,000
1Product 2PF Shipments (mbbls) 3Value/ barrel (wt. avg.) 4Total value (2)×(3) 5Relative value factor (3)/(8) 6Feedstock distribu. (5)×(2) 7Liq. duties (6)×(10) (9)
Class III Crude Consumed 518,451×$.105 = $54,437
Volumetric Gain 21,602
Avg. Value/Barrel Crude Consumed=$16,756,891÷518,451=$32.321 (8)
This example shows volumetric gain of 21,602 mbbls. However, in that PF was requested, liquidated duties are only on actual feedstock (class III crude) used in the refining process. (518,451 @ $.105=$54,437).
Week 1:
Motor Gasoline 19,977 $35.70 $713,179 1.104545 22,065 $2,317
Total Alkylate 22,907 42.50 973,548 1.314935 30,121 3,163
Heavy Reformate 58,164 31.42 1,827,513 .972123 56,542 5,937
Reformer Feed 100,279 31.42 3,150,766 .972123 97,484 10,235
Raffinates 170,293 29.55 5,032,158 .914266 155,693 16,348
Jet Fuel 168,433 30.04 5,059,727 .929426 156,546 16,437
Total 540,053 16,756,891 518,451 54,437
(9) (10)
VI. Weekly Entry, Monthly Manufacturing Period, and Relative Values Calculated on the Actual Weighted Average Values at the End of the Month.
For example, on the CF 3461 the refiner estimates the following shipments and relative values for the next week and files this on the preceding Friday.
1Product 2PF shipments (mbbls) 3Value/ barrel (platts) 4Total value
Attributed Feedstock—Class III Crude: 615,000 @ $.105=$64,575 (estimated duties)
During the week the refiner actually removes the following products and reports those on the CF 7501 filed within 10 business days after the CF 3461 is filed. The reported relative values may be an estimate based on Platts, prior period actual prices, or the refiner's transfer prices. For this example, the estimates are based on the refiner's actual transfer prices. Listed below are the data to be shown on the weekly CF 7501s with actual quantities shipped and estimated values for weeks 1-5.
Week 1:
Motor Gasoline 20,000 $35 $700,000
Total Alkylate 25,000 35 875,000
Heavy Reformate 60,000 35 2,100,000
Reformer Feed 110,000 35 3,850,000
Raffinates 200,000 35 7,000,000
Jet Fuel 200,000 35 7,000,000
Total 615,000 21,525,000
1Product 2PF shipments (mbbls) 3Value/ barrel (estimates) 4Total value (2)×(3) 5Relative value factor (3)/(8) 6Feedstock distrib. (5)×(2) 7Liq. duties (6)×(10) (9)
Class III Crude Consumed 518,451×$.105=$54,437
Volumetric Gain 21,602
Avg. Value/Barrel Crude Consumed=$16,756,891÷518,451=$32.321 (8)
Week 1:
Motor Gasoline 19,977 $35.70 $713,179 1.104545 22,065 $2,317
Total Alkylate 22,907 42.50 973,548 1.314935 30,121 3,163
Heavy Reformate 58,164 31.42 1,827,513 .972123 56,542 5,937
Reformer Feed 100,279 31.42 3,150,766 .972123 97,484 10,235
Raffinates 170,293 29.55 5,032,158 .914266 155,693 16,348
Jet Fuel 168,433 30.04 5,059,727 .929426 156,546 16,437
Total 540,053 16,756,891 518,451 $54,437
(9) (10)
1Product 2PF shipments (mbbls) 3Value/ barrel (estimated) 4Total value 5Relative value factor 6Feedstock distrib. 7Liq. duties
Class III Crude Consumed 520,973×$.105 = $54,702
Volumetric Gain 21,707
Avg. Value/Barrel Crude Consumed = $32.215
Week 2:
Motor Gasoline 20,651 $36.90 $762,022 1.145429 23,654 $2,484
Total Alkylate 23,435 44.25 1,036,999 1.373584 32,190 3,380
Heavy Reformate 59,819 30.35 1,815,507 .942108 56,358 5,918
Reformer Feed 101,167 30.10 3,045,127 .934347 94,526 9,925
Raffinates 172,317 29.30 5,048,888 .909514 156,726 16,456
Jet fuel 165,291 30.70 5,074,434 .952972 157,519 16,539
Total 542,680 $16,782,977 520,973 $54,702
1Product 2PF shipments (mbbls) 3Value/ barrel (estimated) 4Total value 5Relative value factor 6Feedstock distrib. 7Liq. duties
Class III Crude Consumed 515,983 × $.105 = $54,178
Volumetric Gain 21,499
Avg. Value/Barrel Crude Consumed = $31.965
Week 3:
Motor Gasoline 18,689 $34.90 $652,246 1.091819 20,405 $2,142
Total Alkylate 21,511 40.25 865,818 1.259190 27,087 2,844
Heavy Reformate 57,371 30.90 1,772,764 .966682 55,460 5,823
Reformer Feed 99,707 30.90 3,080,946 .966682 96,386 10,121
Raffinates 168,112 29.65 4,984,521 .927577 155,938 16,374
Jet Fuel 172,092 29.85 5,136,946 .933834 160,707 16,874
Total 537,482 $16,493,241 515,983 $54,178
1Product 2PF shipments (mbbls) 3Value/ barrel (estimated) 4Total value 5Relative value factor 6Feedstock distrib. 7Liq. duties
Class III Crude Consumed 523,149 × $.105 = $54,931
Gain 21,798
Avg. Value/Barrel Crude Consumed = $31.979
Week 4:
Motor Gasoline 21,905 $32.85 $719,579 1.027237 22,502 $2,363
Total Alkylate 22,552 38.75 873,890 1.211733 27,327 2,869
Heavy Reformate 58,116 29.60 1,720,234 0.925607 53,791 5,648
Reformer Feed 101,058 29.40 2,971,105 0.919353 92,908 9,755
Raffinates 169,823 30.15 5,120,163 0.942806 160,110 16,812
Jet Fuel 171,493 31.05 5,324,858 0.970949 166,511 17,484
Total 544,947 $16,729,829 523,149 $54,931
1Product 2PF shipments (mbbls) 3Value/ barrel (estimated) 4Total value 5Relative value factor 6Feedstock distrib. 7Liq. duties
Class III Crude Consumed 229,233 × $.105 = $24,069
Gain 9,551
Avg. Value/Barrel Crude Consumed = $32.783
As provided in the regulations, the refiner files an amended CF 7501 for each week based on the refiner's actual weighted average values for the month, as shown below.
Week 5:
Motor Gasoline 8,990 $37.25 $334,878 1.136260 10,215 $1,073
Total Alkylate 9,984 45.10 450,278 1.375713 13,735 1,442
Heavy Reformate 25,351 31.50 798,557 0.960864 24,360 2,558
Reformer Feed 43,492 31.35 1,363,474 0.956288 41,592 4,367
Raffinates 75,172 29.95 2,251,401 0.913583 68,677 7,211
Jet fuel 75,795 30.56 2,316,295 0.932190 70,654 7,418
Total 238,784 $7,514,883 229,233 $24,069
Product Value/ barrel (MBBLS)
Month End:
Motor Gasoline $35.27
Total Alkylate 41.84
Heavy Reformate 30.66
Reformer Feed 30.54
Raffinates 29.69
Jet Fuel 30.42
Reconciliation of Week 1 Using Month's End Actual Weighted Average Values
1Product 2PF shipments (mbbls) 3Value/ barrel (wt. avg.) actual 4Total value (2)×(3) 5Relative value factor (3)/(8) 6Feedstock distri. (5)×(2) 7Amended wt. avg. duties (6)×(10) (9)
Class III Crude Consumed = 518,454 × $.105 = $54,437
Volumetric Gain 21,599
Avg.Value/Bbl Crude Consumed = $16,688,578 ÷ 518,454 = $32.189 (8)
Note: No change in amended total duties, because duty is computed on total quantity of class III crude used. The difference is amongst the various products, i.e., estimated weekly CF 7501 duties paid for Motor Gasoline was $2,317, while the reconciled amount as shown above is $2,298. Additional duties owed or refunds due would depend on the reconciliation of the weekly entry as an entirety.
Motor Gasoline 19,977 $35.27 $704,589 1.095716 21,889 $2,298
Total Alkylate 22,907 41.84 958,429 1.299823 29,775 3,126
Heavy Reformate 58,164 30.66 1,783,308 .952499 55,401 5,817
Reformer Feed 100,279 30.54 3,062,521 .948771 95,141 9,990
Raffinates 170,293 29.69 5,055,999 .922365 157,072 16,493
Jet Fuel 168,433 30.42 5,123,732 .945043 159,176 16,713
Total 540,053 $16,688,578 518,454 54,437
(9) (10)
VII. Weekly entry, monthly manufacturing period, relative values calculated on prior manufacturing period's actual weighted average values. The prior period (PP) values are set forth below:
Product Value/Barrel(wt. avg.)
Thereafter, the information provided or both the CF 3461 and CF 7501 filed for each weekly entry with respect to relative values would remain the same. The only estimated amount would be the quantity to be removed on the CF 3461 as shown below. On the CF 3461 the refiner estimates the following shipments and uses a prior manufacturing period's actual weighted average values.
Motor Gasoline § 35.28
Total Alkylate 41.90
Heavy Reformate 31.78
Reformer Feed 30.02
Raffinates 31.10
Jet Fuel 28.80
1Product 2PF shipments (mbbls) 3Value/ barrel (PP) (wt. avg.) 4Total value
Attributed Feedstock—Class III Crude: 615,000 @ $.105 = $64,575 (estimated duties)
On the CF 7501, the refiner reports the following shipments and uses a prior manufacturing period's actual average values.
Week 1
Motor Gasoline 20,000 $35.28 $705,600
Total Alkylate 25,000 41.90 1,047,500
Heavy Reformate 60,000 31.78 1,906,800
Reformer Feed 110,000 30.02 3,302,200
Raffinates 200,000 31.10 6,220,000
Jet Fuel 200,000 28.80 5,760,000
Total 615,000 18,942,100
1Product 2PF shipments (mbbls) 3Value/ barrel (PP) (wt. avg.) 4Total value (2)×(3) 5Relative value factor (3)/(8) 6Feedstock distri. (5)×(2) 7Liq. duties (6)×(10) (9)
Class III Crude Used 518,451 × $.105 = $54,437
Volumetric Gain 21,602
Avg. Value/Barrel Crude Used = $16,670,402 ÷ 518,451 = $32.154 (8)
Week 1:
Motor Gasoline 19,977 $35.28 $704,789 1.097219 21,919 $2,902
Total Alkylate 22,907 41.90 959,803 1.303104 29,850 3,134
Heavy Reformate 58,164 31.78 1,848,452 .988368 57,486 6,036
Reformer Feed 100,279 30.02 3,010,376 .933632 93,623 9,830
Raffinates 170,293 31.10 5,296,112 .967220 164,710 17,295
Jet Fuel 168,433 28.80 4,850,870 .895689 150,863 15,840
Total 540,053 $16,670,402 518,451 $54,437
(9) (10)
1Product 2PF shipments (mbbls) 3Value/ barrel (PP) (wt. avg.) 4Total value 5Relative value factor 6Feedstock distri. 7Liq. duties
Class III Crude Used 520,973×$.105=$54,702
Volumetric Gain 21,707
Avg. Value/Barrel Crude Used=$32.186
Week 2:
Motor Gasoline 20,651 $35.28 $728,567 1.096128 22,636 $2,377
Total Alkylate 23,435 41.90 981,926 1.301808 30,508 3,203
Heavy Reformate 59,819 31.78 1,901,048 .987386 59,064 6,202
Reformer Feed 101,167 30.02 3,037,033 .932704 94,359 9,908
Raffinates 172,317 31.10 5,359,059 .966259 166,503 17,483
Jet Fuel 165,291 28.80 4,760,381 .894799 147,903 15,529
Total 542,680 16,768,014 520,973 54,702
1Product 2PF shipments (mbbls) 3Value/ barrel (PP) (wt. avg.) 4Total value 5Relative value factor 6Feedstock distri. 7Liq. duties
Class III Crude Used 515,983×$.105=$54,178
Volumetric Gain 21,499
Avg. Value/Barrel Crude Used=$32.097
Week 3:
Motor Gasoline 18,689 $35.28 $659,348 1.099168 20,542 $2,157
Total Alkylate 21,511 41.90 901,311 1.305418 28,081 2,948
Heavy Reformate 57,371 31.78 1,823,250 .990124 56,803 5,964
Reformer Feed 99,707 30.02 2,993,204 .935290 93,254 9,792
Raffinates 168,112 31.10 5,228,283 .968938 162,889 17,103
Jet Fuel 172,092 28.80 4,956,250 .897280 154,414 16,214
Total 537,482 16,561,646 515,983 54,178
1Product 2PF shipments (mbbls) 3Value/ barrel (PP) (wt. avg.) 4Total value 5Relative value factor 6Feedstock distri. 7Liq. duties
Class III Crude Used 523,149×$.105=$54,931
Volumetric Gain 21,798
Avg. Value/Barrel Crude Used=$32.149
Week 4:
Motor Gasoline 21,905 $35.28 $772,808 1.097390 24,038 $2,524
Total Alkylate 22,552 41.90 944,929 1.303306 29,391 3,086
Heavy Reformate 58,116 31.78 1,846,926 .988522 57,447 6,032
Reformer Feed 101,058 30.02 3,033,761 .933777 94,365 9,908
Raffinates 169,823 31.10 5,281,495 .967371 164,281 17,250
Jet Fuel 171,493 28.80 4,938,998 .895829 153,627 16,131
Total 544,947 16,818,917 523,149 54,931
1Product 2PF shipments (mbbls) 3Value/ barrel (PP) (wt. avg.) 4Total value 5Relative value factor 6Feedstock distri. 7Liq. duties
Class III Crude Used 229,233×$.105=$24,069
Volumetric Gain 9,551
Avg. Value/Barrel Crude Used=$32.14
At the end of the month, the refiner must calculate its actual weighted average values for use in the subsequent period.
Week 5:
Motor Gasoline 8,990 $35.28 $317,167 1.097698 9,868 $1,036
Total Alkylate 9,984 41.90 418,330 1.303671 13,016 1,367
Heavy Reformate 25,351 31.78 805,655 .988799 25,067 2,632
Reformer Feed 43,492 30.02 1,305,630 .934039 40,623 4,265
Raffinates 75,172 31.10 2,337,849 .967642 72,740 7,638
Jet Fuel 75,795 28.80 2,182,896 .896080 67,919 7,131
Total 238,784 7,367,527 229,233 24,069
Reconciliation of Relative Value for the Subsequent Period
1Product 2PF shipments (mbbls) 3Value/ barrel (PP) (wt. avg.) 4Total value (2×3) 5Relative value factor (3)/(8) 6Feedstock distri. (5×2) 7Liq. duties (6×(10) (9)
Class III Crude Used 2,307,423×$.105=$242,279
Volumetric Gain 96,523
Avg. Value/Barrel Crude Used=$74,275,937÷2,307,423=$32.19 (8)
Note: Actual monthly reconciliation data could result in attributions on a product basis that are less than or greater than weekly distributions. This is due to the “weighing” of the data i.e., motor gasoline on a weekly basis was $10,996 as compared to $10,379 as above. No additional duties are due to the averaging.
Month End:
Motor Gasoline 90,212 $35.27 $3,181,777 1.095682 98,844 $10,379
Total Alkylate 100,389 41.84 4,200,276 1.299783 130,484 13,701
Heavy Reformate 258,821 30.66 7,935,452 .952470 246,519 25,885
Reformer Feed 445,703 30.54 13,611,770 .948742 422,857 44,400
Raffinates 755,717 29.69 22,437,238 .922336 697,025 73,188
Jet Fuel 753,104 30.42 22,909,424 .945014 711,694 74,726
Total 2,403,946 74,275,937 2,307,423 242,279
(9) (10)

Title 19 published on 2013-04-01

no entries appear in the Federal Register after this date.