Tag: heavy crude
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Washington’s Hidden Drive: Venezuela’s Oil and the Heavy-Crude Gambit
Introduction: Why Venezuela’s oil matters beyond headlines The United States has long viewed Venezuela’s oil as more than just a commodity. For Gulf Coast refineries built to process heavy sour crude, Venezuela’s crude offers a technical and economic fit that lighter grades cannot always replicate. The result is a strategic interest that goes beyond energy…
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The Real Reason Washington Wants Venezuela’s Oil: A Strategic Move for the Gulf Coast
Unpacking the Core Strategy When policymakers and industry observers discuss Washington’s interest in Venezuela’s oil, the conversation often centers on politics and sanctions. Yet beneath the headlines lies a straightforward, long-term energy strategy: securing access to heavy crude that the United States Gulf Coast refineries are built to process efficiently. Venezuela sits on one of…
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The Real Reason Washington Wants Venezuela’s Oil
Understanding the Core Motivation The United States has long pursued a strategic objective that goes beyond simple energy security: securing a reliable supply of heavy crude to power its Gulf Coast refineries. Venezuela, home to some of the world’s most substantial heavy sour crude reserves, sits at the center of this equation. Washington’s interest in…
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Addressing the Condensate Challenge: Canada’s Oil Sands Growth and the Alberta-MoU
Overview: The Condensate Constraint in Canada’s Oil Sands Canada’s oil sands sector has long positioned itself as a cornerstone of national energy output and export potential. Yet, a persistent bottleneck has complicated its growth trajectory: condensate. Used to dilute bitumen for pipeline transport, condensate is a light hydrocarbon that blends with thick bitumen, enabling it…