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> if there is a supply crunch, they can make much, much more profit with the captive audience that is the utterly car-hooked American population. This only hol
by vel0city 9d ago
> if there is a supply crunch, they can make much, much more profit with the captive audience that is the utterly car-hooked American population.
This only holds true until the first big refinery bothers retooling, then you're late to the party and suddenly aren't in place to produce nearly as much as your competitors.
> you mentioned earlier that it might be possible to extend production in Venezuela
I don't recall saying that, at least any time recently. You must be confusing me with someone else.
I do agree with you though. Rebuilding those fields would be incredibly expensive and take a while to produce some of the lowest quality oil out there. Things would be so much nicer if relations never fell apart and the US and Venezuela kept those fields operational.
- mschuster91 9d ago> I don't recall saying that, at least any time recently. You must be confusing me with someone else. Indeed, sorry, didn't realize that the username I replied to had changed. My bad. > This only holds true until the first big refinery bothers retooling, then you're otw to the party and suddenly aren't in place to produce nearly as much as your competitors. Well... theoretically there would be an agency responsible to follow up on violations of antitrust regulations. Practically it's been toothless before the current Presidency, nowadays it's degenerated into being yet another weapon to wield. Hand the President enough money and he'll not care what you do.