Midway-Sunset

Midway-Sunset Price

DatePrice US$ per bblPrice US $ per MTLong TonsUS Gallons,$
2023-02-16$805875971.91
2023-02-15$805905991.92
2023-02-14$815936031.93
2023-02-13$826016111.95
2023-02-10$815916001.92
2023-02-09$795785881.88
2023-02-08$795815911.89
2023-02-07$785725811.86
2023-02-06$755505591.78
2023-02-03$745445531.77
2023-02-02$775635721.83
2023-02-01$765595681.82
2023-01-31$785735831.86
2023-01-30$775665761.84
2023-01-27$795795891.88
2023-01-26$805865961.9
2023-01-25$805865961.9
2023-01-24$815976071.94
2023-01-19$795805901.89
2023-01-18$785745841.87
2023-01-17$795795891.88
2023-01-13$785755851.87
2023-01-12$775615701.82
2023-01-11$765545631.8
2023-01-10$735375461.74
2023-01-09$735335421.73
2023-01-06$725275361.71
2023-01-05$725285371.71
2023-01-04$725275361.71
2022-12-30$815966061.94

Midway-Sunset Historical price

  • In 2017 maximum price $64 per bbl (2017-12-29)
  • In 2018 maximum price $50 per bbl (2018-12-27)
  • In 2019 maximum price $66 per bbl (2019-12-31)
  • In 2020 maximum price $49 per bbl (2020-12-31)
  • In 2021 maximum price $75 per bbl (2021-12-31)
  • In 2022 maximum price $81 per bbl (2022-12-30)
  • In 2023 maximum price $80 per bbl (2023-02-16)

Midway-Sunset Crude Oil: An In-Depth Look at One of America's Largest Oil Fields

Introduction:

Midway-Sunset crude oil is a heavy, sour crude oil that is found in the San Joaquin Valley of California. It is one of the largest oil fields in America and has been a significant contributor to the country's oil production for many years. In this article, we will take an in-depth look at Midway-Sunset crude oil, including its properties, production, and environmental impact.

Properties of Midway-Sunset Crude Oil:

Midway-Sunset crude oil is a heavy, sour crude oil that has an API gravity of around 14-18 degrees. It contains a high amount of sulfur and other impurities, which make it more challenging to refine than other types of crude oil. Due to its properties, Midway-Sunset crude oil is mostly used for producing asphalt, heavy fuel oil, and other low-value products.

Production of Midway-Sunset Crude Oil:

Midway-Sunset crude oil is produced by several oil companies that have drilling operations in the San Joaquin Valley. The production of Midway-Sunset crude oil has been declining in recent years due to the depletion of the oil reserves and the increasing costs of production. However, it is still an essential source of oil for the United States, and efforts are being made to increase production by using enhanced oil recovery techniques.

Environmental Impact of Midway-Sunset Crude Oil:

The production and use of Midway-Sunset crude oil have a significant environmental impact. The extraction process can result in the release of greenhouse gases and other air pollutants. Additionally, the transportation of crude oil can lead to spills and other accidents that can harm the environment and local communities.

Conclusion:

In conclusion, Midway-Sunset crude oil is an important source of oil for the United States, but it also has significant environmental impacts. As we continue to rely on fossil fuels for our energy needs, it is essential to take steps to reduce the environmental impact of oil production and use. This can be done by investing in alternative energy sources, increasing efficiency, and improving the sustainability of our energy systems.

Frequently Asked Questions About Midway-Sunset Crude Oil:

  1. What is the significance of Midway-Sunset crude oil in the United States? Midway-Sunset crude oil is one of the largest oil fields in the United States and has been an essential source of oil for many years. It is used for producing asphalt, heavy fuel oil, and other low-value products.

  2. How is Midway-Sunset crude oil extracted from the ground? Midway-Sunset crude oil is extracted from the ground by drilling wells into the oil reservoir and using enhanced oil recovery techniques to increase production. These techniques include injecting steam and other fluids into the reservoir to improve the flow of oil.

  3. What are the environmental impacts of Midway-Sunset crude oil production? The production of Midway-Sunset crude oil can have significant environmental impacts, including the release of greenhouse gases and other air pollutants. Additionally, the transportation of crude oil can result in spills and other accidents that can harm the environment and local communities.

  4. What is the future of Midway-Sunset crude oil production? The production of Midway-Sunset crude oil has been declining in recent years due to the depletion of the oil reserves and the increasing costs of production. However, efforts are being made to increase production by using enhanced oil recovery techniques.

  5. What steps can be taken to reduce the environmental impact of Midway-Sunset crude oil production? To reduce the environmental impact of Midway-Sunset crude oil production, we can invest in alternative energy sources, increase efficiency, and improve the sustainability of our energy systems. This can be done by implementing policies and regulations that encourage the development and use of cleaner energy sources and technologies. Additionally, companies can adopt more sustainable practices in their operations, such as reducing emissions and implementing measures to prevent spills and accidents.

Sources:

The following sources were consulted in the creation of this article:

  • California Department of Conservation, Division of Oil, Gas, and Geothermal Resources (DOGGR)
  • U.S. Energy Information Administration (EIA)
  • Oil and Gas Journal (OGJ)
  • Western States Petroleum Association (WSPA)

If you want to learn more about Midway-Sunset crude oil, we recommend checking out these sources for additional information. They provide a wealth of information on the history, production, and environmental impacts of this important oil field.

It's important to stay informed about the energy sources that power our modern world. While oil and gas will continue to play a significant role in our energy mix for the foreseeable future, it's essential that we work towards a more sustainable and resilient energy system. By investing in cleaner and more efficient energy sources, we can help reduce our dependence on fossil fuels and mitigate the environmental impacts of energy production.

Max Krutov

Max Krutov

Graduated from MSU, Moscow. Seller CIF.

Buyers and sellers Crude Oil