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Thomas Jacobs's avatar

Thanks for the post. Just FYI, SPR holds light grade (primarily) similar to fracking production while tar sands, like Venezuelan production, is heavy grade. As most gulf refineries are optimized for heavy grade, restricting Canadian and Venezuelan imports leads to the situation you shared, that SPR releases are exported. Here is a link to SPR:

https://www.spr.doe.gov/reports/crude_oil_assays.html

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Bitcoin Fortress's avatar

Great piece. Newsom wants to ban diesel trucks too. Insanity.

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