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The majority new oil being developed are heavy, sour crude oils which have a high sulfur content, high viscosity, and high density.
FORBES: China's Not Going Green
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Oil refineries use hydrogen to strip sulfur from sour crude supplies, especially those from Mexico and Venezuela, and to meet stringent clean-fuel regulations.
FORBES: Suddenly Sexy
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World crude oil production has in some cases already peaked (sweet, light) while others (heavy, sour) it has yet to be will soon.
FORBES: China's Not Going Green