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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: wherry who wrote (103898)6/27/2008 11:58:16 AM
From: elmatador   of 206182
 
Do a glut hampers PBR? Pre-salt oil ranked 28 on the API scale, making it much lighter than the bulk of the heavy crude that is produced in Brazil, which ranges around 14 to 18 API.

The light oil pre-salt crude balances the sour crude glut.

so we can keep buying FPSO and building refineries com gusto.
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