The possibility of
Venezuelan oil import restrictions has divided White House advisors, and now is pitting Harold Hamm, chairman and CEO of Continental Resources and energy advisor during President Trump's campaign, against U.S. refiners that import Venezuelan crude to process at their refineries.
Not exact matches
«#Keystone pipeline will offset the US
imports of
Venezuelan oil w / CDN
oil.
For example, Phillips 66» Sweeny Refinery in Old Ocean, Texas
imported over 46 million barrels of
Venezuelan oil last year, the most out of any other refinery.
A more severe action reportedly under consideration would be a ban on
Venezuelan crude
oil imports into the U.S., which would likely have far - reaching implications for Venezuela, the U.S., and the
oil market.
A ban on
Venezuelan oil would strain the market for heavy crude in the U.S., which is already tightening because of declining
imports of medium sour
oil from Saudi Arabia.
compared to selected
imports, Canadian
oil sands crudes range from 9 % to 19 % more emission - intensive than Middle Eastern Sour, 5 % to 13 % more emission - intensive than Mexican Maya, and 2 % to 18 % more emission - intensive than various
Venezuelan crudes, on a Well - to - Wheel basis;