Cushing is the price settlement point for West Texas Intermediate Sweet Crude Oil on the New York Mercantile Exchange (NYMEX).
The North African nation had produced about 2% of world production, about 1.6 million barrels of sweet crude oil per day, most of which was exported to Europe.
Sweet light crude oil yields the most gallons of gasoline per barrel of oil and since it has low viscosity and low density, it is comparatively inexpensive to pump, transport, and refine.
The ongoing conflict there has resulted in the removal from global markets of roughly 1.6 million barrels per day of light, sweet high-quality crude oil a total of more than 150 million barrels displaced since the conflict began.
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Tiny scallops, also cooked on the half-shell, are a revelation: sweet and soft, bathed in oil and garlic with flecks of parsley.
Oil drillers get a sweet package of tax breaks, including writeoffs when they drill a well and more writeoffs as the hydrocarbons come out of the ground.
WATER-COOKED FISH is a Sichuan preparation of poached white fish and wilted cabbage in a sweet-sour broth slicked with chili oil.
In Zambia, say, a poor person is defined as someone who cannot afford to buy at least two to three plates of nshima (a kind of porridge), a sweet potato, a few spoonfuls of oil, a handful of groundnuts and a couple of teaspoons of sugar each day, plus a banana and a chicken twice a week.
Her first-ever painting is in the sale, a sweet 9 in. by 12 in. oil of Nassau harbor, made in 1937.
Oil and gas firms are in the sweet spot of innovation to ensure an ample and growing supply of petroleum products for transportation for an open-ended future.
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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.
In China, where much of the growth in oil demand is generated, 80% of refining capacity is dedicated to sweet crude.
The churro guy pushes the sweet dough into its signature rocket shape before his partner in crime drops them into bubbling oil, stuffs them into a paper bag and tops them with crunchy sugar.
Light sweet crude is depleting quickly, and now the industry is going after heavy crude and tar sands and thermally enhanced oil.
Every summer, when he smells the first sweet tomato from his yard, he remembers a story from several years ago, involving tomatoes, basil, olive oil, champagne and a light bulb.
Mattei shook up the business by offering oil-exporting nations a bigger share of production. (He also reportedly tried to win a sweet deal by enticing the Shah of Iran with an Italian princess.) At one point British diplomats fretted that Mattei's dealmaking could "seriously prejudice the stability of the Middle East, " according to The Prize, Daniel Yergin's 1991 history of the oil business.
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