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Remember Midway Sunset? Benchmark's disappearance reflects shift to imports, loss of price transparency [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
was a standard “you could set your clock to,” as longtime Kern County oilman Les Clark put it. But just try to nail down the price of a barrel of Midway Sunset since the state's largest refiners halted its daily publication last year. There may be some local producers still using the term, along with its lighter cousin Buena Vista, but almost all local oil is instead indexed to the international benchmark Brent crude. People in the business in Kern County say Midway Sunset's extinction reflects California's energy isolation and its increasing shift away from in-state production toward more imported oil. Some mourn its disappearance as a loss for producers who can no longer point to a local standard during negotiations that now give buyers the upper hand. “It was a lot simpler when we had the posting price,” said Clark. He called Midway Sunset “your data point, or baseline, if you will. From there you knew what to expect as far as what you were going to get for a barrel of crude. [Read more]
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Stockreport

Remember Midway Sunset? Benchmark's disappearance reflects shift to imports, loss of price transparency [Yahoo! Finance]

Chevron Corporation  (CVX) 
More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
was a standard “you could set your clock to,” as longtime Kern County oilman Les Clark put it. But just try to nail down the price of a barrel of Midway Sunset since the state's largest refiners halted its daily publication last year. There may be some local producers still using the term, along with its lighter cousin Buena Vista, but almost all local oil is instead indexed to the international benchmark Brent crude. People in the business in Kern County say Midway Sunset's extinction reflects California's energy isolation and its increasing shift away from in-state production toward more imported oil. Some mourn its disappearance as a loss for producers who can no longer point to a local standard during negotiations that now give buyers the upper hand. “It was a lot simpler when we had the posting price,” said Clark. He called Midway Sunset “your data point, or baseline, if you will. From there you knew what to expect as far as what you were going to get for a barrel of crude. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS