Thursday 9 October 2014

US REFINERIES EXPOSE TO DANGERS OF LIGHTER SHALE OIL

ZERO IMPORTS OF NIGERIA’S CRUDE EXPOSE US REFINERIES TO DANGERS OF LIGHTER SHALE OIL
The decision of the United States to stop the importation of Nigeria’s light blend of crude oil due to the shale oil boom has exposed the US refineries to the dangers associated with the processing of lighter shale oil.

As a result of the increased domestic production of shale oil, the US has slashed crude  oil imports from a peak of almost 14 million barrels per day in 2006, to slightly above 7 million barrels per day.

Read more @ Thisday Live

No comments:

Post a Comment