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10 CFR § 218.12 - Pricing.

---
identifier: "/us/cfr/t10/s218.12"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "10 CFR § 218.12 - Pricing."
title_number: 10
title_name: "Energy"
section_number: "218.12"
section_name: "Pricing."
chapter_name: "DEPARTMENT OF ENERGY"
subchapter_number: "A"
subchapter_name: "OIL"
part_number: "218"
part_name: "STANDBY MANDATORY INTERNATIONAL OIL ALLOCATION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 751  15 U.S.C. 787  42 U.S.C. 6201  42 U.S.C. 7101  E.O. 11790, 39 FR 23185; E.O. 12009, 42 FR 46267; 28 U.S.C. 2461 note."
regulatory_source: "44 FR 27972, May 14, 1979, unless otherwise noted."
cfr_part: "218"
---

# 218.12 Pricing.

The price for oil subject to a supply order issued pursuant to this subpart shall be based on the price conditions prevailing for comparable commercial transactions at the time the supply order is served.