|  September 1, 2014  |  
Mostly Cloudy   57.0F  |  Forecast »
Bookmark and Share Email this page Email Print this page Print Feed Feed

Market Implications of Increased Domestic Production of Light Sweet Crude Oil

Rising domestic production of light sweet crude oil, especially from tight oil formations in North Dakota and Texas, is already leading to adjustments in oil markets. U.S. Gulf Coast refineries are using these high-quality domestically produced streams to replace imported oil from West Africa and other sources. Flows of light sweet crude oil via rail to both East and West Coast refiners are also increasing.

Add your comment:
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement