ByteOnBikes@discuss.online to AMUSING, INTERESTING, OUTRAGEOUS, or PROFOUND@lemmy.worldEnglish · 17 days agoWorld's largest oil reservesimagemessage-square25linkfedilinkarrow-up187arrow-down12
arrow-up185arrow-down1imageWorld's largest oil reservesByteOnBikes@discuss.online to AMUSING, INTERESTING, OUTRAGEOUS, or PROFOUND@lemmy.worldEnglish · 17 days agomessage-square25linkfedilink
minus-squareLemmyoutofhere@lemmy.calinkfedilinkEnglisharrow-up9·17 days agoAlso because they have heavy crude, which the US needs, and is only available from Venezuela and Canada.
minus-squareChicoSuave@lemmy.worldlinkfedilinkEnglisharrow-up1·16 days agoWhy heavy crude? Sweet light crude is typically the most valuable so it seems weird that America wants a low quality oil.
minus-squareMrsilkworm@piefed.sociallinkfedilinkEnglisharrow-up5·16 days agoOil Refineries in the US can only refine heavy crude. The light crude coming from US fracking is exported. Building new refineries would cost billions and take years to complete.
minus-squareLemmyoutofhere@lemmy.calinkfedilinkEnglisharrow-up2·16 days agoBecause US refineries are designed to handle heavy crude. https://edconway.substack.com/p/america-still-needs-canadian-oil And is why Canada is the largest supplier of oil to the US, as most gasoline, aviation fuel etc in the US is made from Canadian oil.
minus-squareTollana1234567@lemmy.todaylinkfedilinkEnglisharrow-up1·16 days agoand canada turned restricted the tap for the most part.
Also because they have heavy crude, which the US needs, and is only available from Venezuela and Canada.
Why heavy crude? Sweet light crude is typically the most valuable so it seems weird that America wants a low quality oil.
Oil Refineries in the US can only refine heavy crude. The light crude coming from US fracking is exported. Building new refineries would cost billions and take years to complete.
Because US refineries are designed to handle heavy crude.
https://edconway.substack.com/p/america-still-needs-canadian-oil
And is why Canada is the largest supplier of oil to the US, as most gasoline, aviation fuel etc in the US is made from Canadian oil.
and canada turned restricted the tap for the most part.