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Yes they could build them, but currently there’s no economic reason to do so. If SHTF and oil companies were barred from exporting, then that changes very quic
by DrFalkyn 2y ago
Yes they could build them, but currently there’s no economic reason to do so.
If SHTF and oil companies were barred from exporting, then that changes very quickly
- vel0city 2y agoThis for sure. Its far easier to rework a refinery designed for heavy, sour oil and make it ready to process light & sweet. And WTI is very light & sweet. More and more refineries in the US have moved to processing more and more light/sweet crude oil as the level of imports lessened.