- a global shortage of heavy crude oil will create hurdles for America's key refining belts just as they ramp up gasoline production for summer driving
- Gulf Coast: dwindling heavy oil supplies have suppressed refining margins
- Midwest refiners: many not reach the high run rates seen last summer
- Gulf Coast: process requiring heavy oil already at lowest levels in a decade
- Ah, yes, here it is: blame it on Trump's sanctions on Iran and on Venezuela
- but nowhere is the Keystone XL mentioned
- the oilmen knew what they were doing
- Canada has more than enough heavy oil to make up for any loss from Venezuela, Iran, and, Mexico
Wednesday, May 29, 2019
The Obama Legacy: A Shortage Of Oil; An Inconvenient Truth -- May 29, 2019
From Bloomberg vis Rigzone (let's see if the killing of the Keystone XL is mentioned in this article). Data points:
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