SUBSCRIBER NOTE: Platts proposes to revise Colonial Pipeline Linden refined products methodology

S&P Global Platts proposes to revise the methodology for its Colonial Pipeline Linden gasoline and distillate assessments, particularly around cycles and location, effective October 1.

Platts proposes to revise its methodology for its diesel, gasoline, jet fuel and heating oil Colonial Pipeline assessments in Linden, New Jersey. The basis of the assessments would remain Linden, but delivery would no longer be restricted to Linden and would also reflect any offtake nomination along Line 3. Additionally, Platts would change the assessed cycle to the first full Colonial cycle prior to arrival at the start of Line 3 in Greensboro, North Carolina. Platts would roll the cycle one day prior to the barrels arriving in Greensboro. If the Colonial Pipeline schedule were to change, Platts would adjust the cycle roll date accordingly.

Currently, Platts assesses the next full shipping cycle delivering off the Colonial Pipeline into Linden, New Jersey. For example, if Cycle 44 ULSD will begin delivering to Linden on September 2, Platts would assess C44 until September 1 and roll to C45 on September 2.

The assessments affected by these proposed changes are:

GASOLINE Unleaded 87 ACXPW00 Unleaded 87 Differential to NYMEX AANYX40 Unleaded 87 Cycle ACRQWCY CBOB ABXPW00 CBOB Differential to NYMEX AANYX41 CBOB Cycle ABRQWCY RBOB ADXPW00 RBOB Differential to NYMEX AANYX42 RBOB Cycle ADRQWCY

DIESEL ULSD AAXPW00 ULSD Differential to NYMEX ADLAA00 ULSD Cycle AAXPWCY

JET FUEL Jet kero 54 AAXPV00 Jet kero 54 cycle AAXPVCY

HEATING OIL ULS Heating Oil AAXPU00 ULS Heating Oil Cycle AAXPUCY

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