Bitumen vs Heavy Crude Oil

This post is in response to a seeking alpha article on the conversation of bitumen and heavy crude oil.  See Chris Termeer’s seeking alpha response and related article.

The image below is from the book Fundamentals of Investing in Oil and Gas and is copyrighted by Chris Termeer.  All rights reserved.

 

bitumen vs heavy crude oil

bitumen vs heavy crude oil

Many people misunderstand Bitumen because it is found in nature along with being a byproduct of oil refining.

 

 

Chris Termeer

Chris Termeer is an oil and gas consultant, industry commentator and analyst. His book, Fundamentals of Investing in Oil and Gas provides a comprehensive overview of all aspects of the oil and gas industry, including exploration, drilling, production, storage, transportation and refining, to name but a few.

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