Kansas Common
Kansas Common Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2023-01-26 | $71 | 517 | 525 | 1.68 |
| 2023-01-25 | $71 | 517 | 525 | 1.68 |
| 2023-01-24 | $72 | 526 | 535 | 1.71 |
| 2023-01-04 | $0 | 0 | 0 | 0 |
| 2022-12-20 | $66 | 486 | 494 | 1.58 |
| 2022-11-28 | $68 | 495 | 503 | 1.61 |
| 2022-11-22 | $71 | 522 | 531 | 1.7 |
| 2022-10-18 | $78 | 568 | 577 | 1.85 |
| 2022-08-23 | $84 | 616 | 626 | 2 |
| 2022-08-22 | $81 | 590 | 600 | 1.92 |
| 2022-08-19 | $81 | 594 | 603 | 1.93 |
| 2022-08-18 | $81 | 592 | 602 | 1.92 |
| 2022-08-17 | $78 | 574 | 583 | 1.86 |
| 2022-08-16 | $77 | 563 | 572 | 1.83 |
| 2022-08-15 | $80 | 585 | 594 | 1.9 |
| 2022-08-12 | $82 | 603 | 613 | 1.96 |
| 2022-08-11 | $85 | 619 | 630 | 2.01 |
| 2022-08-10 | $82 | 603 | 613 | 1.96 |
| 2022-08-09 | $81 | 592 | 602 | 1.92 |
| 2022-08-08 | $81 | 594 | 603 | 1.93 |
| 2022-08-05 | $79 | 581 | 590 | 1.89 |
| 2022-08-04 | $79 | 577 | 587 | 1.87 |
| 2022-08-03 | $81 | 594 | 603 | 1.93 |
| 2022-08-02 | $85 | 621 | 631 | 2.02 |
| 2022-08-01 | $84 | 618 | 628 | 2.01 |
| 2022-07-29 | $87 | 636 | 646 | 2.07 |
| 2022-07-27 | $88 | 641 | 652 | 2.08 |
| 2022-07-26 | $85 | 625 | 635 | 2.03 |
| 2022-07-25 | $87 | 638 | 648 | 2.07 |
| 2022-07-22 | $85 | 623 | 633 | 2.02 |
Kansas Common Historical price
- In 2017 maximum price $50 per bbl (2017-12-28)
- In 2018 maximum price $42 per bbl (2018-12-11)
- In 2019 maximum price $51 per bbl (2019-12-31)
- In 2020 maximum price $39 per bbl (2020-12-31)
- In 2021 maximum price $66 per bbl (2021-12-31)
- In 2022 maximum price $66 per bbl (2022-12-20)
- In 2023 maximum price $71 per bbl (2023-01-26)
Understanding the Importance of Kansas Common Crude Oil
Crude oil is one of the most important natural resources in the world, and the Kansas Common crude oil is no exception. This type of crude oil is a high-quality, light, sweet crude that is considered to be one of the most valuable types of oil. In this article, we will explore the significance of Kansas Common crude oil, its production and extraction process, and why it is so valuable to the global oil market.
Characteristics of Kansas Common Crude Oil
Kansas Common crude oil is characterized by its high API gravity and low sulfur content, making it a highly sought-after crude oil in the global market. API gravity is a measure of the oil's density relative to water, with a higher API gravity indicating a lighter and more valuable oil. The low sulfur content of Kansas Common crude oil means that it is easier and less expensive to refine into gasoline, diesel, and other petroleum products.
Production and Extraction of Kansas Common Crude Oil
Kansas Common crude oil is produced from oil wells in the Mid-Continent region of the United States, including Oklahoma and Kansas. The oil is extracted from the ground through traditional drilling methods, as well as more advanced methods such as hydraulic fracturing and horizontal drilling.
Once the oil is extracted, it is transported to refineries, where it is processed and refined into various petroleum products. The high quality and low sulfur content of Kansas Common crude oil make it an attractive option for refineries, as it requires less processing and produces a higher yield of valuable products.
The Global Demand for Kansas Common Crude Oil
The global demand for crude oil continues to grow, and Kansas Common crude oil is no exception. This type of crude oil is highly sought after due to its high quality and low sulfur content, which make it a valuable option for refineries around the world.
Kansas Common crude oil is exported to countries around the world, including Canada, Mexico, and several countries in Europe and Asia. This high demand for Kansas Common crude oil has made it a crucial component of the global oil market, and it is expected to continue to play a significant role in the years to come.
In conclusion, Kansas Common crude oil is a valuable natural resource that plays a critical role in the global oil market. Its high quality and low sulfur content make it a highly sought-after crude oil for refineries around the world, and its production and extraction process is an important part of the oil industry in the Mid-Continent region of the United States.
Frequently Asked Questions about Kansas Common Crude Oil
In this section, we will answer some of the most frequently asked questions about Kansas Common crude oil.
What is Kansas Common Crude Oil?
Kansas Common crude oil is a type of high-quality, light, sweet crude oil that is produced in the Mid-Continent region of the United States. It is characterized by its high API gravity and low sulfur content, making it a valuable option for refineries around the world.
Where is Kansas Common Crude Oil Produced?
Kansas Common crude oil is produced from oil wells in the Mid-Continent region of the United States, including Oklahoma and Kansas.
Why is Kansas Common Crude Oil so Valuable?
Kansas Common crude oil is valuable due to its high quality and low sulfur content. This makes it easier and less expensive to refine into gasoline, diesel, and other petroleum products, making it a highly sought-after crude oil in the global market.
How is Kansas Common Crude Oil Extracted?
Kansas Common crude oil is extracted from the ground through traditional drilling methods, as well as more advanced methods such as hydraulic fracturing and horizontal drilling.
Where is Kansas Common Crude Oil Exported to?
Kansas Common crude oil is exported to countries around the world, including Canada, Mexico, and several countries in Europe and Asia. Its high demand has made it a crucial component of the global oil market.
In conclusion, Kansas Common crude oil is a valuable natural resource that plays an important role in the global oil market. Its high quality and low sulfur content make it a highly sought-after crude oil for refineries around the world, and its production and extraction process is an important part of the oil industry in the Mid-Continent region of the United States.
Further Reading on Kansas Common Crude Oil
For those looking to learn more about Kansas Common crude oil, there are many resources available online. Here are a few recommended sources to start with:
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The US Energy Information Administration (EIA) provides comprehensive information on Kansas Common crude oil and the oil industry in the United States. https://www.eia.gov/
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The Kansas Oil and Gas Association (KOGA) is a trade association that represents the oil and gas industry in Kansas. They have information on Kansas Common crude oil and its production and impact in the state. https://koga.org/
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The Oklahoma Oil and Gas Association (OKOGA) is a trade association that represents the oil and gas industry in Oklahoma. They have information on Kansas Common crude oil and its production and impact in the state. https://www.okoga.com/
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The American Petroleum Institute (API) is a national trade association for the oil and natural gas industry. They have information on Kansas Common crude oil and its role in the global oil market. https://www.api.org/
These resources can provide a wealth of information on Kansas Common crude oil, including its production, refining, and impact on the global oil market. By understanding this valuable resource and the industry it supports, we can gain a deeper appreciation for its importance and significance.
