Thread

U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982

182 points · 234 comments · thelastgallon

yanhangyhy · 1790653587 · focus · HN ↗
how about the oil from Venezuela?
1. tehjoker · 1790655084 · focus · HN ↗
  It's sour crude that requires special infrastructure that our oil companies don't even want to bother investing in. They told Trump as much, he still kidnapped President Maduro, who is as far as I know, still in New York City.
  1. jandrewrogers · 1790705077 · focus · HN ↗
    You have your facts backward. The US refineries are famous for being some of the best in the world at refining sour crude. It is why so many countries ship their sour (and other difficult) crudes to the US for refining.
    US refinery capacity is much larger than its world-leading oil production. Oil refining is a major export business for the US.
    tehjoker · 1790774793 · focus · HN ↗
    We can process it, but we don’t have capacity. Expansion will cost billions <a href="https://finance.yahoo.com/energy/articles/why-more-venezuelan-oil-won-230000293.html" rel="nofollow">https://finance.yahoo.com/energy/articles/why-more-venezuela...

Unofficial Hacker News client; not affiliated with Y Combinator.