WTI CRUDE

Uncensored2008 said:
How does WTI differ from Brent? What I've read is that the USA and most of Europe uses Brent grade oil. Forgive my ignorance on this.
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They are both sweet oils (low sulfur) We actually use very little Brent and mostly use sour (high sulfur) because our Gulf of AMERICA refineries are set up to refine WTI or Sour crude (Canadian , Venezuelan) oils so we buy those at a heavy discount and use WTI to refine diesel and HHO. We sell the WTI to countries that can't refine high sulfur oil. If you remember diesel was always cheaper than regular then it got more expensive than regular. The government changed their exhaust requirement on how the percentage of sulfured diesels could exhaust. That forced refiners to have to use more expensive low sulfur oils for diesel and shot its price up. Refiners also blend bio diesel with dino diesel because bio diesel has zero sulfur . Blending therefore lowers the overall sulfur content at the pump.
 
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FastLane said:
They are both sweet oils (low sulfur) We actually use very little Brent and mostly use sour (high sulfur) because our Gulf of AMERICA refineries are set up to refine WTI or Sour crude (Canadian , Venezuelan) oils so we buy those at a heavy discount and use WTI to refine diesel and HHO. We sell the WTI to countries that can't refine high sulfur oil. If you remember diesel was always cheaper than regular then it got more expensive than regular. The government changed their exhaust requirement on how the percentage of sulfured diesels could exhaust. That forced refiners to have to use more expensive low sulfur oils for diesel and shot its price up. Refiners also blend bio diesel with dino diesel because bio diesel has zero sulfur . Blending therefore lowers the overall sulfur content at the pump.
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Correct. The US needs a refinery that can refine light oil
 
Uncensored2008 said:
How does WTI differ from Brent? What I've read is that the USA and most of Europe uses Brent grade oil. Forgive my ignorance on this.
Click to expand...
Brent is just another brokerage house, primarily used by Europe.
Brent trades in light sweet crude, easy to process by older refineries.

Our refineries can handle sour oil, which means we don't need buy such oil. Any crude oil will do.

WTI is another brokerage used in the United States (it stands for West Texas Intermediate). It also trades primarily in light sweet crude.

Neither Brent nor WTI is a grade of oil.
 
FastLane said:
They are both sweet oils (low sulfur) We actually use very little Brent and mostly use sour (high sulfur) because our Gulf of AMERICA refineries are set up to refine WTI or Sour crude (Canadian , Venezuelan) oils so we buy those at a heavy discount and use WTI to refine diesel and HHO. We sell the WTI to countries that can't refine high sulfur oil. If you remember diesel was always cheaper than regular then it got more expensive than regular. The government changed their exhaust requirement on how the percentage of sulfured diesels could exhaust. That forced refiners to have to use more expensive low sulfur oils for diesel and shot its price up. Refiners also blend bio diesel with dino diesel because bio diesel has zero sulfur . Blending therefore lowers the overall sulfur content at the pump.
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Where's the "gulf of America"?
 
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