Shipments of 0.0 percent to 3.0 percent cut--quoted market price for applicable dry gravity.
Shipments of 3.1 percent to 15.0 percent cut--quoted market price for applicable dry gravity less 5 cents per gross barrel at 60 degrees F.
Shipments of 15.1 percent cut and up--quoted market price for applicable dry gravity less 15 cents per gross barrel at 60 degrees F.
Cal. Code Regs. Tit. 2, § 2118