Post by
ztransforms173 on Nov 27, 2024 2:54pm
CONFIRMED: AWB Is BASELOAD FEEDSTOCK To COMPLEX Refineries
- Erik Alson, SVP of Marketing; MENTIONED this in the November 26, 2024 Business Update CC
- NOT ONLY for the world's COMPLEX [able to PROCESS HEAVY SOUR crude oil] refineries PRODUCING MOTOR FUELS BUT also PROVIDING PRIMARY FEEDSTOCK to the ATTACHED HUGE PETROCHEMICAL FACILITIES {mostly for PLASTICS}
- the MASSIVE COMPLEX refineries in China & India have TAKEN a STRONG LIKING to Acccess Western Blend (AWB) as they RUN IT THROUGH their INSTALLATIONS
* this is WHY the WCS/AWB PRICE DIFFERENTIAL has NARROWED from the HISTORICAL USD 2+ per barrel {price discovery from the LARGE US COMPLEX refineries in TX and LA} to the present USD 1+ per barrel
z173
Comment by
ztransforms173 on Nov 27, 2024 3:41pm
better now: * this is WHY the WCS/AWB PRICE DIFFERENTIAL has NARROWED from the HISTORICAL MINUS USD 2+ per barrel {price discovery from the LARGE US COMPLEX refineries in TX and LA} to the present MINUS USD 1+ per barrel z173