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Posted On: 10/08/2022 9:30:59 AM
Post# of 127146
2 days ago — In a scramble to bring oil prices down, the Biden administration is looking to ease Trump-era sanctions on the socialist regime of Venezuela ..
https://www.google.com/search?q=Biden+Oil+Ven...n+Oil+Vene
Is Venezuelan crude heavy?
Venezuela's crude oil is very heavy by international standards, and as a result much of it must be processed by specialized domestic and international refineries.
Lighter oils generally receive higher prices than heavier oils, because they are easier (and cheaper) to process in refineries.
Heavy crude oil has more negative impact on the environment than its light counterpart since its refinement requires the use of more advanced techniques an the use of contaminants.
Wish Trump was WRONG >< At LEAST WE HAVE BIDEN
https://www.google.com/search?q=Biden+Oil+Ven...n+Oil+Vene
Is Venezuelan crude heavy?
Venezuela's crude oil is very heavy by international standards, and as a result much of it must be processed by specialized domestic and international refineries.
Lighter oils generally receive higher prices than heavier oils, because they are easier (and cheaper) to process in refineries.
Heavy crude oil has more negative impact on the environment than its light counterpart since its refinement requires the use of more advanced techniques an the use of contaminants.
Wish Trump was WRONG >< At LEAST WE HAVE BIDEN
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