Canadian Oil
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Why are we dealing with Venezuela and Iran, when Canada says they can deliver another 400,000 barrels a day?
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NIMBY?
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@Jolly said in Canadian Oil:
Why are we dealing with Venezuela and Iran, when Canada says they can deliver another 400,000 barrels a day?
Maybe we think we need more than 400k barrels/day to backfill Russian export, maybe we want to avoid putting all our eggs in one basket.
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https://www.theatlantic.com/science/archive/2022/03/russian-oil-sanctions-gas-prices/627074/
@Renauda , how “interchangeable” are Canadian oil and Russian oil? The article talks about different types of oils (heavy vs. light, long polymer chain vs. short, high in sulfur vs. low, etc.). From a refinery’s perspective, can the types of oil Canada exports easily replace the types of oil Russia used to export to the USA?
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No. oil from Alberta and Venezuela have to go to refineries that are designed for heavy oil. There many throughout the US. Most Russian oil is medium to light and easily refined into avgas, gasoline and diesel. In fact, some of the oil from Western Siberia is almost like diesel and if it were not for its high paraffin content, could fuel a diesel engine without any upgrading.
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Canadian oil has pleasant notes of maple syrup, and an engaging aftertaste slightly reminiscent of hot beaver.
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@Mik said in Canadian Oil:
Like you'd know about hot beaver.
Being Irish, you'd most likely call them tree fellers rather than beavers.
"HEY, SEAMUS THIS OIL TASTES LIKE TREE HOT FELLERS!"
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I did a bit more research and found that the US had been importing a blend of heavy and sour Russian oil from the Urals and Volga regions, rather than the light Western Siberian crudes.
If that has been the case then your heavy oil refinery capacity to switch to upgraded heavy oil and possibly even synthetic crude from Alberta should not be an issue. The only issues then become our current production and planned production capacity as well as means of delivery, rail or pipeline.
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@Doctor-Phibes said in Canadian Oil:
@Mik said in Canadian Oil:
Like you'd know about hot beaver.
Being Irish, you'd most likely call them tree fellers rather than beavers.
"HEY, SEAMUS THIS OIL TASTES LIKE TREE HOT FELLERS!"