Notes From All Over -- Part 2 -- July 7, 2019

Blackout shuts Venezuela's main refining complex -- ArgusMedia. Data points:

• blackout on Paraguana Peninsula began yesterday morning (Saturday, July 6, 2019)
• state-owned refinery: almost one million bopd CRP refining complex
• also paralyzed terminal (export) operations
• sounds like a big story, but it really isn't: it had already been operating at 15% nameplate capacity due to weak national power grid for energy supply
• Venezuela's power crisis peaked on March 7, 2019, with a string of nationwide blackouts that extended through early April

Based on rest of story, it sounds like things may be worse than actually being reported.