South Texas Light
South Texas Light Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2023-02-16 | $69 | 504 | 512 | 1.64 |
| 2023-02-15 | $69 | 506 | 514 | 1.64 |
| 2023-02-14 | $70 | 509 | 518 | 1.65 |
| 2023-02-13 | $71 | 517 | 525 | 1.68 |
| 2023-02-10 | $70 | 513 | 522 | 1.67 |
| 2023-02-09 | $69 | 502 | 510 | 1.63 |
| 2023-02-08 | $69 | 504 | 512 | 1.64 |
| 2023-02-07 | $67 | 493 | 501 | 1.6 |
| 2023-02-06 | $64 | 471 | 479 | 1.53 |
| 2023-02-03 | $64 | 465 | 473 | 1.51 |
| 2023-02-02 | $66 | 484 | 492 | 1.57 |
| 2023-02-01 | $67 | 489 | 497 | 1.59 |
| 2023-01-31 | $69 | 508 | 516 | 1.65 |
| 2023-01-30 | $68 | 500 | 508 | 1.62 |
| 2023-01-27 | $70 | 513 | 522 | 1.67 |
| 2023-01-26 | $71 | 522 | 531 | 1.7 |
| 2023-01-25 | $70 | 515 | 523 | 1.67 |
| 2023-01-24 | $70 | 515 | 523 | 1.67 |
| 2023-01-19 | $71 | 517 | 525 | 1.68 |
| 2023-01-18 | $70 | 511 | 520 | 1.66 |
| 2023-01-17 | $70 | 515 | 523 | 1.67 |
| 2023-01-13 | $70 | 513 | 522 | 1.67 |
| 2023-01-12 | $69 | 502 | 510 | 1.63 |
| 2023-01-11 | $68 | 497 | 505 | 1.61 |
| 2023-01-10 | $66 | 480 | 488 | 1.56 |
| 2023-01-09 | $65 | 476 | 484 | 1.55 |
| 2023-01-06 | $64 | 469 | 477 | 1.52 |
| 2023-01-05 | $64 | 467 | 475 | 1.52 |
| 2023-01-04 | $63 | 462 | 469 | 1.5 |
| 2023-01-03 | $67 | 493 | 501 | 1.6 |
South Texas Light Historical price
- In 2017 maximum price $50 per bbl (2017-12-28)
- In 2018 maximum price $36 per bbl (2018-12-31)
- In 2019 maximum price $52 per bbl (2019-12-31)
- In 2020 maximum price $39 per bbl (2020-12-31)
- In 2021 maximum price $67 per bbl (2021-12-30)
- In 2022 maximum price $71 per bbl (2022-12-30)
- In 2023 maximum price $69 per bbl (2023-02-16)
Title: South Texas Light Crude Oil: A Comprehensive Guide
South Texas Light Crude Oil is a highly sought-after type of crude oil that is extracted from the South Texas region of the United States. This type of oil is known for its high quality and unique properties that make it desirable for a variety of industries. In this article, we will provide a comprehensive guide to South Texas Light Crude Oil, including its properties, uses, and extraction methods. By the end of this article, you will have a deeper understanding of this valuable resource and how it can be used to benefit various industries.
Properties of South Texas Light Crude Oil
South Texas Light Crude Oil is a type of crude oil that is known for its low density and low sulfur content. The density of this type of crude oil ranges from 31 to 40 API gravity, making it lighter than other types of crude oil. The low sulfur content of South Texas Light Crude Oil also makes it easier to refine into various products. This type of crude oil is also known for its high gasoline yield, making it desirable for the production of gasoline.
Uses of South Texas Light Crude Oil
South Texas Light Crude Oil is a valuable resource that is used in a variety of industries. One of the main uses of this type of crude oil is in the production of gasoline. Due to its high gasoline yield, South Texas Light Crude Oil is an ideal resource for refineries that produce gasoline. In addition to its use in the production of gasoline, South Texas Light Crude Oil is also used in the production of diesel fuel, jet fuel, and other petroleum products. This type of crude oil is also used in the petrochemical industry to produce a variety of chemicals and plastics.
Extraction Methods of South Texas Light Crude Oil
South Texas Light Crude Oil is extracted from the South Texas region of the United States using a variety of methods. The most common method of extraction is through the use of drilling rigs. These rigs are used to drill into the earth and extract the crude oil from the reservoirs. Another method of extraction is through the use of hydraulic fracturing, or fracking. This method involves the injection of water and chemicals into the earth to create fractures in the rock, allowing the crude oil to be extracted. Both of these methods have their advantages and disadvantages, and the choice of extraction method depends on a variety of factors, including the location of the oil reservoir and the cost of extraction.
Conclusion
South Texas Light Crude Oil is a valuable resource that is used in a variety of industries. Its unique properties make it an ideal resource for the production of gasoline, diesel fuel, and other petroleum products. The extraction of this type of crude oil involves the use of drilling rigs and hydraulic fracturing, both of which have their advantages and disadvantages. As the demand for petroleum products continues to grow, the value of South Texas Light Crude Oil will only continue to increase. We hope that this comprehensive guide has provided you with a deeper understanding of this valuable resource and how it can be used to benefit various industries.
Article List:
- Properties of South Texas Light Crude Oil
- Uses of South Texas Light Crude Oil
- Extraction Methods of South Texas Light Crude Oil
Frequently Asked Questions about South Texas Light Crude Oil
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What makes South Texas Light Crude Oil different from other types of crude oil? South Texas Light Crude Oil is known for its low density and low sulfur content, making it easier to refine into various products. It also has a high gasoline yield, which makes it desirable for the production of gasoline.
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How is South Texas Light Crude Oil extracted? South Texas Light Crude Oil is extracted from the South Texas region of the United States using a variety of methods, including drilling rigs and hydraulic fracturing.
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What industries use South Texas Light Crude Oil? South Texas Light Crude Oil is used in a variety of industries, including the production of gasoline, diesel fuel, and other petroleum products. It is also used in the petrochemical industry to produce a variety of chemicals and plastics.
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What are the environmental impacts of extracting South Texas Light Crude Oil? The extraction of South Texas Light Crude Oil can have negative environmental impacts, including air and water pollution. Additionally, the use of hydraulic fracturing has been linked to earthquakes and other seismic activity.
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What is the future of South Texas Light Crude Oil? As the demand for petroleum products continues to grow, the value of South Texas Light Crude Oil will only continue to increase. However, there is also a growing interest in renewable energy sources, which may impact the long-term demand for crude oil.
Sources for Information About South Texas Light Crude Oil
If you want to learn more about South Texas Light Crude Oil, there are many sources of information available to you. Here are a few resources you may find useful:
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The U.S. Energy Information Administration (EIA) provides a wide range of data and analysis about crude oil production and consumption in the United States, including information about South Texas Light Crude Oil. You can find more information about the EIA at https://www.eia.gov/.
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The Railroad Commission of Texas is the state agency responsible for regulating the oil and gas industry in Texas. The commission's website provides a variety of data and reports related to oil and gas production in the state, including information about South Texas Light Crude Oil. You can find more information about the Railroad Commission at https://www.rrc.texas.gov/.
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The American Petroleum Institute (API) is a trade association that represents the oil and gas industry in the United States. The API's website provides a wealth of information about the industry, including data on crude oil production and consumption. You can find more information about the API at https://www.api.org/.
These are just a few of the many resources available for learning about South Texas Light Crude Oil. By exploring these sources and others, you can gain a deeper understanding of this important natural resource and its role in the global energy landscape.
