I just read http://www.energybulletin.net/4559.html
New article by Simmons. At the bottom paragraph is says:
If any spare wellhead capacity still exists, it is for crude that is both heavy and sour. The refineries that are equipped to refine this type of crude are currently operating at 100% capacity. Compounding this problem is the fact that the world's light sweet crude supply is also in decline. Almost 90% of new oil projects produce oil that is either sour, heavy, or both.
Anyone who knows more about this? It's quite mindblowing that 90% of new oil projects are either sour or heavy or both.
PeakOil is You
new oil projects 90% sour, heavy or both?
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new oil projects 90% sour, heavy or both?
by Taskforce_Unity » Tue 01 Mar 2005, 11:01:25
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Taskforce_Unity - Coal
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Re: new oil projects 90% sour, heavy or both?
by AdamB » Mon 19 Jan 2026, 22:10:14
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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AdamB - Volunteer
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Re: new oil projects 90% sour, heavy or both?
by mousepad » Mon 19 Jan 2026, 22:38:51
you're digging up 20 year old posts? I wish I had your time.
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Re: new oil projects 90% sour, heavy or both?
by AdamB » Mon 19 Jan 2026, 22:47:32
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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AdamB - Volunteer
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Re: new oil projects 90% sour, heavy or both?
by mousepad » Tue 20 Jan 2026, 11:00:32
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Re: new oil projects 90% sour, heavy or both?
by AdamB » Tue 20 Jan 2026, 22:48:03
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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AdamB - Volunteer
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Re: new oil projects 90% sour, heavy or both?
by mousepad » Wed 21 Jan 2026, 08:26:08
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Re: new oil projects 90% sour, heavy or both?
by AdamB » Wed 21 Jan 2026, 20:17:34
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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AdamB - Volunteer
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