4 ms·
Refiners can be adapted to process more sour blends when a longer term issue is seen or it can be routed through a 3rd party who can supply the service. If tha
by jnordwick 4y ago
Refiners can be adapted to process more sour blends when a longer term issue is seen or it can be routed through a 3rd party who can supply the service.
If that wasn't the case you wouldn't see contracts for off grades just written up as a static per barrel cost to TI or Brent. Of course it isn't frictionless though.
- HWR_14 4y agoUS crude actually tends to be sweeter than average. It's just more efficient to export the sweet crude and import the more sour crude than recreate the refineries outside the US to handle the sour.