SOURCE: Industrial Info Resources

Industrial Info Resources

April 17, 2013 06:15 ET

Light Sweet U.S. Crude Oil May Face Price Penalties Vis-a-vis Imported Heavy Sour Crudes, an Industrial Info News Alert

DENVER, CO--(Marketwired - Apr 17, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The dramatic growth of U.S. light sweet crude-oil production threatens to overwhelm U.S. refiners, and may push prices for light sweet crude below prices for heavier, sourer crudes, speakers told an Oil & Gas conference this week in Denver.

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