by FatherOfTwo » Fri 22 Apr 2005, 11:09:34
$this->bbcode_second_pass_quote('duke3522', 'I') am pretty new here and need a little help. Can someone please point me to some info that will inform me as to the difference between Light Sweet and Heavy Sour crude? My basic understanding is that the more sour the more sulfur. But I am also under the belief that sour crude contains less of the lighter distillates. Last night on CNBC they talked as though the difference is just a matter of removing the sulfur, and that the refineries that can handle sour crude are making a bundle due to the discount of the sour crude.
Please help enlighten a muddled mind.

The problem is that there is a serious lack of refining capacity for sour crudes. You can pump all the sour you want, if you can't refine it, it won't do anybody much good. This is why there is such a spread between light and sour crudes... not many can handle it.
So, all we need to do is build more sour crude refineries right? Well, ya, that will be necessary. But lets not lose sight of the most important fact.
Light sweet crude has peaked