KoalaUnknown@lemmy.world to News@lemmy.world · 22 hours agoTrump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reservesapnews.comexternal-linkmessage-square32linkfedilinkarrow-up1152arrow-down110
arrow-up1142arrow-down1external-linkTrump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reservesapnews.comKoalaUnknown@lemmy.world to News@lemmy.world · 22 hours agomessage-square32linkfedilink
minus-squareEarthwormjim91@lemmy.worldlinkfedilinkEnglisharrow-up2·edit-25 hours agoNo? Sour crude is what the US refineries are set up for. It’s why we export the sweet crude we actually produce and import sour. Almost all of what goes through the Strait of Hormuz is sour crude. 80% of the crude market is sour crude. The US is almost unique in that we are the major sweet crude producer, but our refineries are set up for sour crude.
No?
Sour crude is what the US refineries are set up for. It’s why we export the sweet crude we actually produce and import sour.
Almost all of what goes through the Strait of Hormuz is sour crude. 80% of the crude market is sour crude.
The US is almost unique in that we are the major sweet crude producer, but our refineries are set up for sour crude.