Not exact matches
The U.S. can produce
as much shale
oil as it wants, but its Gulf Coast refineries are geared toward
heavier kinds of
crude that can easily process
oil sand bitumen but aren't geared toward the lighter
crude coming out of, say North Dakota's Bakken play.
Hamm favors the approach of cutting off Venezuelan
oil exports to the U.S.,
as well
as stopping U.S. light sweet
crude exports to Venezuela, which uses that type of
crude to blend it with its
heavy crude oil before shipping it to international markets.
Stressing that diluted bitumen doesn't behave exactly the same
as other convention
heavy crude oils, Kuprewicz also said that an
oil spill response «may have to be considerably different for dilbit.»
But Alberta
heavy oil is sometimes fetching
as little
as half the world price due to the competition from U.S. - produced shale
oil and a shortage of pipelines to get the
crude to the coasts and other refining markets.
Section 2 (1) of Bill 12 refers to refined products which (oddly) do not fall under the primary production from natural resources, which are defined so
as to include
crude oil and natural gas but, «not a product resulting from refining
crude oil, refining upgraded
heavy crude oil, refining gases or liquids derived from coal or refining a synthetic equivalent of
crude oil.»
In addition, U.S. Gulf Coast refineries that Keystone XL will feed are designed to run
heavy crude, such
as Alberta's,
as opposed to the light - grade
oil from the shale formations.
It holds significant long - term potential
as a market for western Canadian
crude oil, particularly
heavy grades.»
Canada's struggling
oil market has found something of a lifeline
as traders scramble for
heavy crude due to OPEC production cuts and sinking Latin American output.
That would place further constraints on
oil producers that have already faced steep discounts on their
heavy crude as Canada's pipeline system nears capacity, forcing more barrels to move by rail.
The report authored by the chief energy policy adviser to government, the Energy Commission, says the amount required will expended on natural gas, light
crude oil, diesel and
heavy fuel
oil to power the various thermal plants
as the country looks to contain the threat of erratic energy supply on the economy.
Oil well operators used more than 80 billion gallons of water in California last year in «enhanced» oil recovery techniques such as steam injection and water flooding, which help bring heavier, thicker crude to the surfa
Oil well operators used more than 80 billion gallons of water in California last year in «enhanced»
oil recovery techniques such as steam injection and water flooding, which help bring heavier, thicker crude to the surfa
oil recovery techniques such
as steam injection and water flooding, which help bring
heavier, thicker
crude to the surface.
Nathan says high prices have made it increasingly economically viable to extract more unconventional forms of
oil, in particular the asphaltlike tar sands (also known
as oil sand, or extremely
heavy crude oil) plentiful in northern Alberta, Canada.
Further, noting that mined natural resources, such
as crude oil, may have widely variable chemical compositions and properties, the Safety Alert noted that
crude oil being transported from the Bakken region of North Dakota may be more flammable than traditional
heavy crude oil.
News that Exxon was spared from contributing the 8 - cents - per - barrel fee to the clean - up fund added insult to injury this week
as cleanup crews discovered
oil - soaked ducks covered in «low - quality Wabasca
Heavy Crude from Alberta.»
(Reuters)- Exxon Mobil on Sunday continued cleanup of a pipeline spill that spewed thousands of barrels of
heavy Canadian
crude in Arkansas
as opponents of
oil sands development latched on to the incident to attack plans to build the Keystone XL line.
The Pegasus pipeline is one of the few pipelines currently supplying a
heavy Canadian
crude oil known
as diluted bitumen, or dilbit, to refineries on the Texas Gulf Coast.
It's known
as the Keystone XL and it could pump millions more barrels of
heavy crude from Alberta, Canada's
oil sands mines to refineries along the U.S. Gulf Coast if the federal government greenlights it.
The
oil extracted is a thick, sticky form of
crude known
as bitumen, which emits more carbon than conventional
oil when burned and the mining itself has a
heavy environmental footprint, heavily opposed by climate and environmental activists.
PRELIM can simulate up to ten specific refinery process configurations, each requiring a different amount of energy to process a
crude and producing a different slate of final products including transportation fuels
as well
as heavy fuel
oil; hydrogen from the naphtha catalytic reforming proces;, refinery fuel gas; and the possible production of coke or hydrocracking residue.
Dilbit — the
heavy, solvent - laced tar sands
crude that oozed into the Kalamazoo River in 2010 and across Mayflower, Ark., in 2013 doesn't count, technically,
as «
oil.»
The NAS study deals a blow to one central safety argument made by opponents of the $ 5.3 billion Keystone XL link — that the
heavier chemical components of so - called diluted bitumen make it more dangerous to ship — but made no attempt to address critics» second and more prominent concern, that a leak of
oil sands
crude would pose unique challenges during cleanup
as well
as unique risks to marine environments.
A report by the Canadian government warns that Canada and the U.S. will both shift toward
heavier forms of
crude oil as global sources of lighter
crude become scarcer.