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ACES L16 Crude Oil and the Crack Spread
EXAM 3
10
Other
Undergraduate 4
12/07/2015

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Cards

Term
Much of the world’s economic activity is dependent on the energy products derived from this commodity?
Definition
crude oil
Term
How was crude oil formed long ago?
Definition
biological material fell to the bottom of ancient oceans. Over time the material was exposed to heat and pressure and transformed the material into crude oil.
Term
What is crude oil composed of?
Definition
a mix of different hydrocarbons,
Term
What happens when hydrocarbons are broken down and recombined?
Definition
 different materials like gasoline, diesel fuel, heating oil, jet fuel, and kerosene can be made
Term
What is heavy crude oil?
Definition
crude oil is composed of large hydrocarbon molecules
Term
What is light crude oil?
Definition
Crude oil that has mainly smaller molecules
Term
What are differences between heavy and light crude oil?
Definition

ight crude oil can be more easily turned into higher valued gasoline and distillates while heavy crude oil produces more lubricating oil and coke.

Light crude oil flows more freely, while heavy crude oil is more viscous. 

Term
What is the API
Definition
American Petroleum Institute gravity (API gravity) is a measure of how heavy crude oil is compared to water.
Term
What happens if API is greater than 10? If less than 10? When is it considered light?
Definition

>10 float on water

<10 sink

If API >31.1

Term
What does sweet or sour refer to?
Definition
Sulfur content of the oil
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