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The problem, afaik, is that the Venezuelan oil is nastier than most and thus few refineries will work with it unless it is worth it. And since the Saudis opened
by digi_owl 10y ago
The problem, afaik, is that the Venezuelan oil is nastier than most and thus few refineries will work with it unless it is worth it. And since the Saudis opened the valves and the price tanked, few refineries have found it thus.
- tim333 10y agoThere are a lot of problems beyond much of the oil being heavy. Mostly created by the government and it's not very good economic policy.