alt Hacker NewsAmerica has plenty of the wrong type of oil. They need heavy oil as that's what the usa oil refinery are made to handle, but they have a shortage of heavy oil, and a oversupply of light oil. Venezuela has the heavy oil they need
America has plenty of the wrong type of oil. They need heavy oil as that's what the usa oil refinery are made to handle, but they have a shortage of heavy oil, and a oversupply of light oil. Venezuela has the heavy oil they need
There's not loads of idle refinery capability just waiting for more Venezuelan crude in the US.