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Disaffected

(6,182 posts)

14. Yes, on the Gulf (of Mexico) coast;

Reply to Melon (Reply #8)

Tue Jan 6, 2026, 10:19 PM

Jan 6

not so much for the mid-west refineries where most Canadian crude goes.

Canadian oil analysts don't seem too worried as, upgrades to Venezuela's oil field will take many years, if they can actually find any majors who are interested in a long term investment in an unstable country (sorta similar to the US now-a-days) and, Canada is actively seeking new markets, particularly in Asia for which a new pipeline to the west coast is in the works.

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Melon Justice matters.

18 replies

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Highlight:

Venezuela to export $2 billion worth of oil to US in deal with Washington [View all] In It to Win It Jan 6 OP

Koch brothers have the only refineries set up for their heavy crude, they are doing tRump dances right now. nt yaesu Jan 6 #1

Here is a video of why most of America's refineries need heavy oil. Swede Jan 6 #10

I read that the Venezuelan oil is a very low grade, barely usable for making asphalt pavement...guess we need that... wcmagumba Jan 6 #2

High viscosity high sulfur. Same kind of refinery that runs Canadian quality oil. Melon Jan 6 #4

Right. Exactly. In It to Win It Jan 6 #6

I had written a post on the big loser of this could be Canada a few days ago... Melon Jan 6 #8

I agree. US refineries have a lot of capacity but it's not unlimited like you said. In It to Win It Jan 6 #12

Yes, on the Gulf (of Mexico) coast; Disaffected Jan 6 #14

It's extra-heavy oil, but we can refine it. US refineries are optimized for heavy oil. In It to Win It Jan 6 #5

Thanks... wcmagumba Jan 6 #7

The profits from this will go directly to DONALD TRUMP'S personal accounts. CousinIT Jan 6 #3

He's stealing it. AloeVera Jan 6 #9

It's not 'negotiation' when one side commands and the other side obeys. Norrrm Jan 6 #11

Shakedown 0rganism Jan 6 #13

'Trump said' bigtree Jan 6 #15

Anyone else confirm this MorbidButterflyTat Jan 6 #16

That fast eh. The smoke hasn't even settled. miyazaki Jan 6 #17

And how much of that will benefit the starving citizens of Venezuela ??? Jack Valentino Jan 6 #18