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Additionally, the Venezuelan crude is generally viewed as a low quality product. It's not as suitable for many applications. So when prices drop it's one of t
by botfly 10y ago
Additionally, the Venezuelan crude is generally viewed as a low quality product. It's not as suitable for many applications. So when prices drop it's one of the first products to get pushed out of the market
But why talk about that when we can have silly ideological arguments over the merits of communism and capitalism instead
- astrodust 10y agoIt's heavy crude, not light crude, but it's oil nonetheless.