70 MC S1 ATC 70 65 65 60 60 55 55 50 Price/Barrel ($) 50 45 45 AVC 5 D 0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 0 20 40 60 80 100 120 140 160 180 200 Millions of Barrels/Day Millions of Barrels/Day