SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (6896)2/22/2005 8:53:04 PM
From: Gulo  Read Replies (1) | Respond to of 23958
 
Yes, synthetic crude is "hydrogenated" like margarine after it is made lighter by cracking in a coker. Industry types call it "hydrotreated" because, aside from adding hydrogen, they displace sulphur, oxygen and nitrogen from the hydrocarbon molecules. The end result is a low sulphur, low nitrogen, oxidatively stable light crude.

Synthetic crude is much more valuable than an equivalent API natural crude because it needs less processing to turn it into diesel, gasoline, etc.

One thing to consider for the oilsands is that those operators without upgrading capacity will be selling nasty, sticky, smelly, bitumen into a market full of other nasty, sticky, smelly heavy Canadian crudes. Unless more upgrading capacity is built, you can expect heavy oil differentials to remain high and to get even higher.
-g