@RealJamesWoods Don’t knock it til you try it. If you are by yourself its the only way to get a 36x12.5x16 into the back of a pick up without straining a jiblet.
I think that could help mitigate pricing some but the inefficiency factor is still going to cause some big increases in diesel and gas prices. Bringing more Venezuelan crude to market would probably help stabilize prices. I don’t know the condition of Venezuela’s infrastructure/capacity and how soon that could happen.
It’s still could be painful at the pump. When there is a shortage somewhere in the world the price goes up everywhere. Light sweet crudes are are already more expensive than heavy sour crudes. Refineries would not be operating in their normal margins. The over production of light end fractions would cause a bottleneck in over all production, because there is not enough storage. Can’t just flare off like the old days. Overall refinery output would have to be reduced potentially causing supply issues.
@FreemyerGreg@EnerGeoPolitics@DanielTurnerPTF These refineries could run light sweet crude but it would be inefficient. No heavy fractions to run thru Coker units and to many light end fractions. The equipment would not handle the extra pentanes/pentenes , ethane, butane, propane, methane, ect.