NuStar Energy Investor Conference Presentation Deck

NuStar We Remain Confident That Product Demand Rebound is the First Step on the Road Back to Shale Production Growth in 2021-2022 2020 Refined Product Demand Rebound Increased Refinery Utilization 2021-22 Fo Crude Demand Recovery U.S. Shale Production Growth Higher Crude Prices Ž 16

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