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To: Tallguy
Apparently, "Oil Condensate" is what condenses from high-pressure gas wells.

In an imperfect nutshell, the term "Oil Condensate", for ~legal purposes, describes product that is an unrefined oil that is not "crude oil", and therefore, not subject to US export laws regarding "crude oil" (as written), even though the stuff can't really be distinguished from light "crude oil".

30 posted on 01/07/2018 9:40:27 AM PST by Calvin Locke
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To: Calvin Locke

So it’s ‘unrefined’ product? Gotcha!


33 posted on 01/07/2018 10:20:07 AM PST by Tallguy
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