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To: DoodleDawg

I’m not claiming crude oil is cheap. But heavier oil (which has more BTU per barrel) is cheaper because it cost more for the refinery to produce products. And we have already spent the money to take advantage of the cheaper oil.


11 posted on 04/10/2014 6:25:36 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

And we have already spent the money to take advantage of the cheaper oil.
.........
I have not seen the spread recently between brent & WTI. is imported heavy crude cheaper than local domestic light crude?


36 posted on 04/10/2014 8:29:47 AM PDT by ckilmer
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