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Re: jmjjw post# 411

Monday, 11/20/2017 1:51:11 PM

Monday, November 20, 2017 1:51:11 PM

Post# of 4301

Total Refinery Production. Refers to the volume processed as output through the Nixon Facility. Refinery production includes finished petroleum products, such as jet fuel and exportable low-sulfur diesel, and intermediate petroleum products, such as LPG, naphtha, HOBM and AGO.

This was taken from the recent Proxy that was released today.

BDCO reported on page 23 there was $3,425,455 from sales of "HOBM".

What is HOBM?

The reason I ask is that I have not seen this reported on previous years. I may have missed it but it is an unfamiliar term.

ty

Chevy

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