Our good friends at Turner, Mason & Company (TM&C) released the latest update to their 2012 North American Crude Oil Outlook (NACOO) today (www.turnermason.com), looking at the crude oil market from a downstream perspective – where all the light shale and heavy Canadian oil is going to go and how it is going to impact refiners when it gets there. The study is a need-to-have bible for refiners, producers and just about anyone who is trying to figure out what radical changes in the slate of available crudes, evolving quality specifications and new pricing dynamics will mean to the market over the next decade. In today’s blog “Turner Mason and the Goblet of Light & Heavy – Dumbbell Lessons Refiners Need to Learn” we review key findings from the report.
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