Brent |
US Refiner Acquisition Cost |
WTI |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Model 1 |
Model 2 |
Model 3 |
Model 1 |
Model 2 |
Model 3 |
Model 1 |
Model 2 |
Model 3 |
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| Lags | ZA Stat | Potential Break | ZA Stat | Potential Break | ZA Stat | Potential Break | ZA Stat | Potential Break | ZA Stat | Potential Break | ZA Stat | Potential Break | ZA Stat | Potential Break | ZA Stat | Potential Break | ZA Stat | Potential Break |
| 1 | -5.05486 | 01/09/2014 | -3.95718 | 01/03/2010 | -4.98567 | 01/06/2014 | -5.65217 | 01/09/2014 | -4.52096 | 01/07/2010 | -5.61769 | 01/09/2014 | -5.28441 | 01/09/2014 | -4.15602 | 01/02/2008 | -5.18805 | 01/09/2014 |
| 2 | -4.69486 | 01/06/2014 | -3.54939 | 01/03/2010 | -4.55742 | 01/06/2014 | -4.84898 | 01/09/2014 | -3.67159 | 01/01/2010 | -4.72256 | 01/09/2014 | -4.96962 | 01/09/2014 | -3.81399 | 01/01/2008 | -4.8266 | 01/09/2014 |
| 3 | -4.70215 | 01/06/2014 | -3.57759 | 01/01/2010 | -4.57934 | 01/06/2014 | -4.80664 | 01/09/2014 | -3.63413 | 01/10/2009 | -4.67827 | 01/09/2014 | -4.84317 | 01/09/2014 | -3.70528 | 01/11/2007 | -4.68322 | 01/09/2014 |
| 4 | -4.55926 | 01/06/2014 | -3.41646 | 01/01/2008 | -4.39316 | 01/06/2014 | -4.73639 | 01/09/2014 | -3.55811 | 01/10/2009 | -4.59378 | 01/09/2014 | -4.75723 | 01/09/2014 | -3.62466 | 01/11/2007 | -4.57675 | 01/09/2014 |
| 5 | -4.71183 | 01/09/2014 | -3.61484 | 01/03/2010 | -4.59731 | 01/06/2014 | -4.79561 | 01/09/2014 | -3.63499 | 01/10/2009 | -4.66756 | 01/09/2014 | -4.87402 | 01/09/2014 | -3.77753 | 01/01/2008 | -4.72124 | 01/09/2014 |
| 6 | -4.62231 | 01/09/2014 | -3.51362 | 01/10/2009 | -4.48114 | 01/06/2014 | -4.71157 | 01/09/2014 | -3.53987 | 01/10/2009 | -4.56275 | 01/09/2014 | -4.81746 | 01/09/2014 | -3.72432 | 01/01/2008 | -4.6497 | 01/09/2014 |
| 7 | -4.693 | 01/09/2014 | -3.6273 | 01/03/2010 | -4.58688 | 01/06/2014 | -4.70292 | 01/09/2014 | -3.53925 | 01/10/2009 | -4.5528 | 01/09/2014 | -4.8104 | 01/09/2014 | -3.71659 | 01/01/2008 | -4.64079 | 01/09/2014 |
| 8 | -4.62205 | 01/09/2014 | -3.54872 | 01/03/2010 | -4.48889 | 01/06/2014 | -4.59795 | 01/09/2014 | -3.41556 | 01/10/2009 | -4.41238 | 01/09/2014 | -4.73254 | 01/09/2014 | -3.62579 | 01/01/2008 | -4.53494 | 01/09/2014 |
| 9 | -4.54571 | 01/09/2014 | -3.45701 | 01/03/2010 | -4.37154 | 01/09/2014 | -4.64782 | 01/09/2014 | -3.50633 | 01/10/2009 | -4.48589 | 01/09/2014 | -4.69446 | 01/09/2014 | -3.60116 | 01/01/2008 | -4.47834 | 01/09/2014 |
| 10 | -4.72691 | 01/09/2014 | -3.75572 | 01/08/2010 | -4.66044 | 01/09/2014 | -4.80462 | 01/09/2014 | -3.73461 | 01/10/2009 | -4.72086 | 01/09/2014 | -4.81304 | 01/09/2014 | -3.77061 | 01/03/2008 | -4.65661 | 01/09/2014 |
| 11 | -4.67682 | 01/09/2014 | -3.71492 | 01/10/2010 | -4.60021 | 01/09/2014 | -4.82291 | 01/09/2014 | -3.79149 | 01/10/2010 | -4.76407 | 01/09/2014 | -4.77525 | 01/09/2014 | -3.7305 | 01/08/2009 | -4.60521 | 01/09/2014 |
| 12 | -4.7321 | 01/09/2014 | -3.85543 | 01/10/2010 | -4.71323 | 01/09/2014 | -4.73901 | 01/09/2014 | -3.69517 | 01/10/2009 | -4.6389 | 01/09/2014 | -4.7477 | 01/09/2014 | -3.74284 | 01/08/2009 | -4.56779 | 01/09/2014 |
| Model 1: With intercept Model 2: With trend Model 3: With intercept and trend |
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