Platts proposes to launch Chicago CBOB September 8

Platts is proposing to launch a Conventional Blendstock for Oxygenate Blending (CBOB) gasoline assessment in Chicago on September 8, 2009, the first trading day for the second pipeline cycle for September in Chicago.

The proposed spot CBOB assessment would reflect octane (R+M/2) of 87 after blending with 10% ethanol, and would generally reflect the Explorer Pipeline specifications for CBOB.

As well, the new assessment would follow the existing methodology for Chicago refined product assessments.

The new assessment would be published on Platts Global Alert (PGA) page 275, in US Marketscan, Oilgram Price Report, and in Dispatch.

Please contact Jennifer Brumback, jennifer_brumback@platts.com, and David Ruisard, david_ruisard@platts.com, with a cc to pricegroup@platts.com, with any questions or comments.