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by SEJeff
2460 days ago
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I'd say that number is a bit suspect as the amount of work to refine Texas Sweet (WTI) vs the more difficult to refine oil you find from Venezuela or the entire Middle East (it is heavier or more "sour") is vastly different. This gives a primer on it: http://canaryusa.com/crude-oil-refinery-primer/ |
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Except for Saudi sweet. There is plenty of very high quality oil in Saudi Arabia, which is no doubt in the heart of the "middle east". (Iraq and the UAE also produce sweet crude.) The really nasty stuff, the really energy-intensive gunk, is the tarsand bitumen from Canada. Saudi oil is positively green in comparison.
https://en.wikipedia.org/wiki/Sweet_crude_oil
>> The term sweet originates from the fact that a low level of sulfur provides the oil with a mildly sweet taste and pleasant smell.