3 reasons why Trump’s promise that his Venezuela oil deal will ‘fill up’ the Strategic Petroleum Reserve won’t be quite that simple
https://finance.yahoo.com/markets/article/trump-promises-his-venezuela-oil-deal-will-fill-up-the-strategic-petroleum-reserve-its-not-that-simple-171322844.html
13 points · 8 comments · view on lemmy.world
8 Comments
echo@lemmy.today · 9 pts · 2d
deHaga@feddit.uk · 3 pts · 2d
Venezuelan oil infrastructure is absolutely fucked. Chavez's corrupt kleptos ran it into the ground.
It will take years to rebuild, at least Biden had no choice to empty it after Russia invaded. Trump didn't refill it for cheap before he invaded, double stupid.
bigfish@lemmy.dbzer0.com · 1 pts · 1d
Also their oil is really really dirty, taking a lot of effort to refine and with a lot of waste.
FiniteBanjo@feddit.online · 1 pts · 2d
He's gonna turn that crude unrefinable shit into gasoline? Might as well start with water into wine.
qyron@sopuli.xyz · 2 pts · 1d
A few days back I was told in another your Texas refineries were geared to process that type of heavy oil. Which I found strange; it was made known the venezuelan oil is sour and refineries capable of processing it are mostly in China. But also because it was explained that type of oil is best suited for diesel and heavy fuels, like nafta.
AWistfulNihilist@lemmy.world · 1 pts · 2d
Is too heavy, like literally too heavy. Tldr.
deHaga@feddit.uk · 1 pts · 2d
Can't they blend it?
AWistfulNihilist@lemmy.world · 1 pts · 1d
And fuck up our light ass, low sulfur shit? Hell no