Transcription of Chapter 8 PETROLEUM
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Chapter 8 PETROLEUM
Chapter 8 PETROLEUMFor the foreseeable future, oil will remain a critical fuel for the United States and all otherindustrialized nations. [In order to make the economy less dependent on oil,] theNational Energy Strategy proposes initiatives to (1) reduce the economic consequences ofdisruptions in world oil markets, and (2) increase domestic oil and PETROLEUM productsupplies.(National Energy Strategy, Executive Summary, 1991/1992)The growing level of oil consumption raises potential economic and national securityconcerns. In addition to emphasizing efficient use of oil products and enhancing fuelflexibility, national energy policy must address declining domestic production levels withminimum interference with market forces.
carbon chains can occur. At the same time, most of the sulfur compounds in the oil are broken down. Therefore an ‘old-deep’ crude oil has low viscosity, low density, and very low sulfur content. This combination of properties makes the old-deep crudes the most desirable: they require little refining to remove sulfur and they can be ...
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