sweet/sour crude ?s
Posted: Thu 10 Mar 2005, 21:14:00
I understand the difference between the two. What I want to know is how much sweet vs sour are we (we being collective) pumping out now, how much sweet is left, and how much sour. How much time is left before refineries have to spend hundreds of millions to switch to sour?
Will the switch to sour impact the enviornment that much more (enough that the US and other countries have to change pollution laws)? Are China and India using sour now? Is South America?
I've read that Saudi Arabia is mixing sour with light sweet crude to keep up with demand, so how much of a mix can current refineries handle? And wouldn't the mix of oil from SA prove they were lying about reserves?
Did I miss anything?
If you all can point me in the right direction, I'll read it for myself, and save you the time, lol, but I have read so much about PO lately that my head is spinning.
Thanks
Carla
Will the switch to sour impact the enviornment that much more (enough that the US and other countries have to change pollution laws)? Are China and India using sour now? Is South America?
I've read that Saudi Arabia is mixing sour with light sweet crude to keep up with demand, so how much of a mix can current refineries handle? And wouldn't the mix of oil from SA prove they were lying about reserves?
Did I miss anything?
If you all can point me in the right direction, I'll read it for myself, and save you the time, lol, but I have read so much about PO lately that my head is spinning.
Thanks
Carla