US refineries spent Billions of dollars to upgrade to use the lowest cost oil, that also contains the highest energy content, heavy oil.
Then our shale takes off and most of our increases in oil production are light to ultra-light oil.
Now you want to force refineries to spend Billions more dollars, to use a more expensive fuel with a lower BTU value?
Why not just let the market work? Instead of having the government trying to manipulate the market and always staying behind the curve?
I like the idea of importing cheap oil, because our refineries are more modern, while exporting expensive oil to others with less complex refineries. We keep more jobs in the US and we stay competitive in the market, for both refining and oil production.
The condensate described in this article, doesn’t typically contain significant quantities of hydrocarbons that can even be used for most transpiration fuels. It is too light; the hydrocarbon molecules are too small.
I’m not for forcing anything except the EPA from imposing excessive restrictions that impede building new refining/processing/transporting facilities/pipelines for domestic crude oil and nat gas production, consumption and export. However, repealing the export ban on domestic crude is a tall order. There would have to be some sweeteners for key Rat senators to sign-on to a veto-proof bill to the White House. Those sweeteners could hopefully involve opening federal controlled land in their states to drilling (read jobs).