4WD
$50 site donor 2024
Yes … we have bought $9 million “tank fulls” for ships as the lower quality stuff fades away … I‘m actually surprised we don’t see more GTL fuel out there … But NG is getting used for plastics and all kinds of things - IMO, we should stop wasting it on power generation …As someone who in his past was an engineer in an oil refinery, heavy oil is already being thermally cracked and hydrogenated into synthetic crude oil that is further refined into heating oil, gasoline and jet fuel.
Its burned as diesel fuel in international waters because the air pollution regulations at sea are much relaxed.
The ability to turn heavy oil into lighter oil has reduced the market price differences between light and heavy grades of fuel oil.
(I’m in O/K’s camp) …