U.S. Oil Production Growth U.S. Crude Oil Production Crude Oil Imports 12,000 Thousand barrels per day 10,000 8,000 6,000 4,000 SEPTEMBER 1989 MARCH 2014 Seasonal Refi nery Utilization and Price $4.10 $4.00 0 $3.90 0 2014 Refinery Utilization 2011–2013 Average Refinery Utilization gy 2011–2013 Average Price 2014 Price 100% 98% 9 96% 9 On-highway diesel price $3.80 0 $3.70 $3.60 Lower Price Higher Rates Higher Price Lower Price Higher Rates Higher Price Lower Price Higher Rates 92% 9 90% 9 Lower Rates Lower Rates 88% 86% $3.50 $3.40 $3.30 $3.20 January February March April May June July August September October November December 84% 82% 80% Your CHS Connection % refinery utilization 94% 9 17