This has opened the U.S.-produced West Texas Intermediate crude oil to global penetration — never before even imagined prior to the fracking breakthrough.
What still is hardly appreciated is House SpeakerPaul Ryan’s leadership in consummating the controversial “end to the fiscal year budget.” This has opened the U.S.-produced West Texas Intermediate crude oil to global penetration — never before even imagined prior to the fracking breakthrough.
Not well known is light condensate West Texas Intermediate is preferred in many parts of the world due to its limited refining needs as compared to the heavy Brent crude dominating world production. The latter is more readily available globally and preferred by some large refineries that are better equipped to handle the more intensive refining methods necessary for conversion to such finished derivatives as gasoline, diesel, jet fuel, and heating and air-conditioning providers, etc.