Quote:
Originally Posted by WTF
Heavy crude...try and keep up.
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you keep up, you cant even keep up with your post or what it means or implies
if a refinery is set up for heavy crude and thats its specialty, it will try to get it from any source Saudi or otherwise,
in fact many of the refineries on the gulf coast are set up for heavy crude, which requires much more in the way of a distillation process, if it wants to produce the more expensive products
but your post was because of a Venezuela embargo gulf cost refineries will now have to import more expensive heavy Saudi oil thanks to trump
nothing you post makes any sense
first, light sweet is more expensive than heavy crude
second, Venezuela can barely ship oil due to lack of safety controls and maintenance and cleaning, they have had ships stranded because of not being able to transport in international waters but of late they were shipping a percentage of their prior amounts
third, Venezuela, like the united states has all types of production, some comparing very well with WTI in terms of gravity and sulfur content
fourth, so, if Venezuela is shipping light to some refinery, that refinery isn't going to now take heavy, from Saudi or anywhere unless a big investment is made in a make over, if it was a heavier oil from Venezuela ,it will be heavier from Saudi or somewhere else
many refineries mix the crude, but the biggest problem would be if they cant get the heavy not where it comes from
