Question 87: The increase in light tight oil as a percentage of North American crude slate has resulted in lower FCC feed production, and consequently a reduced FCC feed rate at several refineries. To address these issues, what strategies have you implemented operationally and catalytically? Are you looking at sending new streams to the FCC or increasing the proportion of existing streams such as resid?
The increase in the quantity of tight oil as a percentage of the North American crude slate has resulted in numerous changes at refiners. Tight oils, like other light sweet crudes, have a much higher ratio of 650°F- to 650°F+ material when compared to conventional crudes.