Jump to content

Recommended Posts

Posted
2 hours ago, speed817 said:

 

I need a surly oil baron to  confirm, but I do not think it's the same refineries for both light and heavy. I also think it costs more in capex to build a heavy refinery...

Now, once that capex is deployed, it would make sense to refine as much as possible to reduce the fixed cost allocation per production, but the same should be said for light oil.

Lastly, I don't think the price difference per barrell is that significant. I think Heavy is like 5% cheaper than light sweet (historically, but fluctuations happen).

I say all of this to say, he sounded so certain that I started thinking and internetting.

Am I wrong?



×
×
  • Create New...