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Does the media only focus on light sweet crude prices?

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Does the media only focus on light sweet crude prices?

Unread postby Specop_007 » Wed 19 Apr 2006, 16:42:30

The media is always reporting the record high gas prices for crude. But all I ever hear about is the price of light sweet crude. Why dont we hear the price for other types of crude? Is light sweet the major driving force? Is it what is predominatly used?
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Re: Does the media only focus on light sweet crude prices?

Unread postby ohanian » Wed 19 Apr 2006, 17:40:43

focusing on light sweet crude is GOOD

because light sweet crude will PEAK first and bring peak oil to the attention of the masses.
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Re: Does the media only focus on light sweet crude prices?

Unread postby strider3700 » Wed 19 Apr 2006, 17:47:38

light sweet is covered the most because it's what we use the most.

Heavy sour can only be refined by a small percentage of facilities out there so we tend to ignore it.

They are right when they say that we'll never run out of oil. They just neglect to mention that we really can't use a lot of it and the good stuff is rapidly depleting.
shame on us, doomed from the start
god have mercy on our dirty little hearts
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Re: Does the media only focus on light sweet crude prices?

Unread postby TheBaker » Wed 19 Apr 2006, 21:59:50

Not to mention EROEI will ensure we never run out of oil!
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