[–] ANGRY_Hippopotamus 0 points 1 point 1 point (+1|-0) ago
"A handful of Saudis could go in there and have production up and running in a week".
So could the very capable Venezuelans he fired on live TV and the many other who silently left the country over the past decades.
[–] tendiesonfloor 0 points 2 points 2 points (+2|-0) ago
The HOVENSA refinery had to be specially outfitted to handle the ultra-sulfurous Venezuelan crude.
[–] tanukihat 0 points 1 point 1 point (+1|-0) ago
I mean, deep sea refineries need to be outfitted with special deep sea shit. Mining oil is difficult everywhere, but Venezuela really fucked it up hard.
[–] Benweiser22 ago
That is the mining aspect, but yes refining the Venezuelan oil is more costly than Saudi crude.