Description and Nature of Business Alon Refining Krotz Springs, Inc. (the  Company ), a subsidiary of Alon USA Energy, Inc. ( Alon USA ), owns and operates a high conversion crude oil refinery placed into service in 1980 with a crude oil throughput capacity of approximately 83,100 barrels per day ( bpd ). The refinery is strategically located on the Atchafalaya River in central Louisiana at the intersection of two crude oil pipeline systems and has direct access to the Colonial products pipeline system ( Colonial Pipeline ), providing the refinery with diversified access to both locally sourced and foreign crude oils, as well as distribution of the refinery's products to markets throughout the Southern and Eastern United States and along the Mississippi and Ohio Rivers. The refinery's residual fluid catalytic cracking unit allows it to produce a high percentage of light products with fewer processing units and lower maintenance costs compared to refineries utilizing conventional fluid catalytic cracking unit technologies. Sweet crude oil typically comprises 100% of the refinery's crude oil input and our refinery processing units are structured to yield approximately 101.5% of total feedstock input, meaning that for each 100 barrels of crude oil and feedstocks input into the refinery, it produces 101.5 barrels of refined products. Of the 101.5%, on average 99.0% is light finished products such as gasoline and distillates, including diesel and jet fuel, petrochemical feedstocks and liquefied petroleum gas, and the remaining 2.5% is primarily heavy oils.