Please explain what the fuc that has to do with the price of tea in China?
Do you disagree with the fact that Venezuela sanctions led to more heavy crude imported from Russia?
Originally Posted by WTF
I'll give you points for trying. You may even get more points if you provide more details.
Your XL analysis is bogus though.
Originally Posted by WTF
Well if you want to say what you posted has nothing to do with the price of tea in China have at it. Your post said OPEC quotas caused imports from Russia to increase. Russia cut production in conjunction with OPEC.
So you’re saying more heavy oil from Canada wouldn’t be flowing to our refineries if Keystone XL were in place?
Yeah sanctions on Venezuela played a big part. So did the stupidity of Chavez and Maduro which was going to result in sharply lower Venezuelan production regardless of sanctions. Production from another of our big heavy oil suppliers, Mexico, is also down because of socialist ineptitude. Incremental production in the USA has been mostly light oil from shale plays. And there are other factors.