"EIGHT WEEKS TO EMPTY SHELVES. SIXTY DAYS TO FAMINE." EVERYBODY INSULT THE OP!

[Melon]

53. That's not entirely true.

If you are referring to light sweet crude, it’s very similar to the Middle East product. Our gulf coast refineries were originally built with Venezuela oil in mind and have additional facilities to process heavier, low grade oil. This doesn’t mean we can’t process light sweet crude in the them. You may lose some efficiency or the blend produces less products like heavy tars, diesel, etc. but we can run them. Countries like S. Korea are at a disadvantage because they can only run light sweet crude. Those are less expensive refineries and now they are short oil. The US is bringing in both heavy Canadian and Venezuela Oil. We also want those heavy oils because they are ~20% cheaper and they don’t have as many homes globally, plus we get more diesel and produce heavies for products like asphalt and roofing tar.