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Response to several FOIA requests - Renewable Energy.

Response to several FOIA requests - Renewable Energy,.Summary of Important Terms PETROLEUM PRICES Refiner acquisition cost of crude oil (RAC): The average monthly cost of crude oil to U.S. refiners, including transportation and fees. The composite cost is the
weighted average of domestic and imported crude oil costs. Typically, the imported RAC is about $1.50 per barrel below the monthly average spot price of West Texas Intermediate (WTI) crude oil and is within about $0.20 per barrel of the average monthly spot price of Brent crude oil. Unless otherwise stated, the imported RAC is what is referred to in this report as the 'world oil price" or "average crude oil price." 24701
DOE024-2107. nepdg_9751_10000.pdf