[Peakoil] Saudi crude can't replace Libyan

[Keith Thomas]

The FT comment is a bit subtler than this. Personally, I expect that, unless Gadaffi destroys a significant part of the infrastructure, Libyan oil production will resume within a few weeks. I'm also not so sure Libyan oil is unique. As I recall it, Arabian crude is also classified as "sweet".

Does anyone know what industrial uses the unreplaceable Libyan oil has?
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Keith Thomas
www.evfit.com
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On 28/02/2011, at 4:01 PM, Alex Pollard wrote:

http://ftalphaville.ft.com/blog/2011/02/23/496326/why-you-really-cant-swap-libyan-oil-for-saudi/

No-one can replace the high-quality Libyan crude, certainly not in the
short term. Saudi crude isn't of the same high quality. Oil supplies are
very tight. I expect NATO and maybe China will deploy forces there to
ensure supply resumes, perhaps under a UN banner.

Alex Pollard
O4O4873828

Vice-President
ACT Peak Oil Inc.


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