Arkansas Ex Heavy
Arkansas Ex Heavy Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2023-02-16 | $67 | 489 | 497 | 1.59 |
| 2023-02-15 | $67 | 489 | 497 | 1.59 |
| 2023-02-14 | $67 | 493 | 501 | 1.6 |
| 2023-02-13 | $68 | 500 | 508 | 1.62 |
| 2023-02-09 | $66 | 486 | 494 | 1.58 |
| 2023-02-08 | $67 | 487 | 495 | 1.58 |
| 2023-02-07 | $65 | 478 | 486 | 1.55 |
| 2023-02-03 | $60 | 436 | 443 | 1.42 |
| 2023-02-02 | $64 | 469 | 477 | 1.52 |
| 2023-01-31 | $67 | 491 | 499 | 1.6 |
| 2023-01-30 | $66 | 484 | 492 | 1.57 |
| 2023-01-27 | $68 | 497 | 505 | 1.61 |
| 2023-01-26 | $69 | 508 | 516 | 1.65 |
| 2023-01-25 | $68 | 500 | 508 | 1.62 |
| 2023-01-24 | $70 | 511 | 520 | 1.66 |
| 2023-01-19 | $69 | 502 | 510 | 1.63 |
| 2023-01-18 | $68 | 495 | 503 | 1.61 |
| 2023-01-17 | $68 | 500 | 508 | 1.62 |
| 2023-01-13 | $68 | 498 | 507 | 1.62 |
| 2023-01-12 | $67 | 487 | 495 | 1.58 |
| 2023-01-11 | $66 | 480 | 488 | 1.56 |
| 2023-01-10 | $63 | 464 | 471 | 1.51 |
| 2023-01-09 | $63 | 460 | 467 | 1.49 |
| 2023-01-06 | $62 | 454 | 462 | 1.48 |
| 2023-01-03 | $65 | 476 | 484 | 1.55 |
| 2022-12-22 | $66 | 480 | 488 | 1.56 |
| 2022-12-16 | $63 | 458 | 466 | 1.49 |
| 2022-12-15 | $64 | 471 | 479 | 1.53 |
| 2022-12-13 | $64 | 465 | 473 | 1.51 |
| 2022-12-12 | $64 | 465 | 473 | 1.51 |
Arkansas Ex Heavy Historical price
- In 2017 maximum price $49 per bbl (2017-12-29)
- In 2018 maximum price $33 per bbl (2018-12-27)
- In 2019 maximum price $50 per bbl (2019-12-31)
- In 2020 maximum price $38 per bbl (2020-12-31)
- In 2021 maximum price $64 per bbl (2021-12-31)
- In 2022 maximum price $66 per bbl (2022-12-22)
- In 2023 maximum price $67 per bbl (2023-02-16)
Title: Arkansas Ex Heavy Crude Oil - A Comprehensive Guide
Introduction: When it comes to crude oil, Arkansas Ex Heavy is a name that often comes up. This heavy crude oil is known for its high density, high viscosity, and high sulfur content. In this comprehensive guide, we'll explore everything you need to know about Arkansas Ex Heavy crude oil, including its properties, uses, production, and market demand.
Properties of Arkansas Ex Heavy Crude Oil: Arkansas Ex Heavy crude oil is a heavy, viscous type of crude oil with an API gravity between 10 and 20 degrees. It is known for its high sulfur content, typically ranging from 2.5% to 4.5%. The high density and viscosity of Arkansas Ex Heavy crude oil make it difficult to extract, transport, and refine. However, it also makes it suitable for certain applications where a heavier crude oil is needed.
Uses of Arkansas Ex Heavy Crude Oil: Arkansas Ex Heavy crude oil is primarily used as a feedstock for refineries that produce heavy oils, such as asphalt, bunker fuel, and other heavy industrial fuels. It is also used in the production of lubricating oils, waxes, and other specialty products. Due to its high sulfur content, it is not commonly used as a fuel for transportation or power generation.
Production of Arkansas Ex Heavy Crude Oil: Arkansas Ex Heavy crude oil is mainly produced in the southern region of the United States, particularly in the state of Arkansas. It is extracted through conventional oil drilling techniques, such as vertical and horizontal drilling. Due to its high density and viscosity, the extraction process can be challenging and expensive. Once extracted, the crude oil is transported to refineries via pipelines, rail, or tanker trucks.
Market Demand for Arkansas Ex Heavy Crude Oil: The market demand for Arkansas Ex Heavy crude oil has been steady over the years, as it is still a valuable feedstock for heavy industrial fuels and other specialty products. However, due to its high sulfur content, there has been a shift towards low-sulfur fuels in recent years, which has affected the demand for Arkansas Ex Heavy crude oil. Additionally, the increasing popularity of renewable energy sources has also impacted the market demand for traditional fossil fuels, including heavy crude oil.
Conclusion: In conclusion, Arkansas Ex Heavy crude oil is a heavy, viscous, and high-sulfur type of crude oil that is primarily used as a feedstock for heavy industrial fuels and specialty products. Despite its challenging properties, it remains a valuable resource for certain applications. However, the market demand for heavy crude oil is subject to various factors, such as low-sulfur fuel regulations and the rise of renewable energy sources. Understanding the properties, uses, production, and market demand for Arkansas Ex Heavy crude oil is essential for anyone involved in the oil and gas industry.
Frequently Asked Questions (FAQs):
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Is Arkansas Ex Heavy crude oil more valuable than light crude oil? Ans: The value of crude oil depends on various factors, such as its quality, location, and market demand. While Arkansas Ex Heavy crude oil is typically sold at a lower price than light crude oil due to its high sulfur content and challenging properties, it remains a valuable resource for certain applications.
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Can Arkansas Ex Heavy crude oil be used for transportation or power generation? Ans: Due to its high sulfur content and challenging properties, Arkansas Ex Heavy crude oil is not commonly used for transportation or power generation. It is primarily used as a feedstock for heavy industrial fuels and specialty products.
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How is Arkansas Ex Heavy crude oil different from other types of crude oil? Ans: Arkansas Ex Heavy crude oil is a heavy, viscous, and high-sulfur type of crude oil with an API gravity between 10 and 20 degrees. Its high density and viscosity make it difficult to extract, transport, and refine. Additionally, its high sulfur content makes it less valuable than other types of crude oil.
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What are the environmental impacts of Arkansas Ex Heavy crude oil? Ans: The production and use of crude oil, including Arkansas Ex Heavy, have various environmental impacts, such as air and water pollution, greenhouse gas emissions, and habitat destruction. However, the extent of these impacts depends on various factors, such as the location, regulations, and industry practices.
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Is the demand for Arkansas Ex Heavy crude oil likely to increase or decrease in the future? Ans: The demand for Arkansas Ex Heavy crude oil is subject to various factors, such as market demand, regulations, and technological advancements. While it remains a valuable resource for certain applications, the shift towards low-sulfur fuels and renewable energy sources may affect the demand for heavy crude oil in the future.
Sources of Information:
To write this article, we have consulted various reliable sources of information, including government agencies, industry reports, and academic journals. We have ensured to provide accurate and up-to-date information about Arkansas Ex Heavy crude oil and its properties, uses, and environmental impacts.
Some of the sources that we have used include:
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United States Energy Information Administration (EIA): The EIA is a government agency that provides data, analysis, and forecasts related to energy production and consumption in the United States. We have used various reports and databases from the EIA to gather information about crude oil production and pricing, including Arkansas Ex Heavy crude oil.
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American Petroleum Institute (API): The API is the largest trade association for the oil and gas industry in the United States. We have used various reports and publications from the API to gather information about crude oil properties, refining, and transportation, including Arkansas Ex Heavy crude oil.
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Society of Petroleum Engineers (SPE): The SPE is a professional organization that promotes knowledge sharing and collaboration in the oil and gas industry. We have used various publications and research papers from the SPE to gather information about crude oil production, reservoir engineering, and environmental impacts, including Arkansas Ex Heavy crude oil.
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Academic Journals: We have also consulted various peer-reviewed academic journals that publish research related to crude oil properties, uses, and environmental impacts. Some of the journals that we have used include Energy
