US refiners struggle to absorb sudden surge in Venezuelan oil imports

https://www.reuters.com/business/energy/us-refiners-struggle-absorb-sudden-surge-venezuelan-oil-imports-2026-02-03/

24 Comments

  1. supercyberlurker on

    That title almost makes it sounds like US refiners didn’t want Trump to steal Venezuela’s oil.

  2. Loose_Skill6641 on

    but that’s what they asked for

    They told trump that they need heavy crude because US refineries are setup to process heavy crude and not the light sweet stuff they get from domestic fracking

  3. Gotta come up with some kinda made up reason to keep prices high/improve profit margins I guess

    Ever since the “supply chain issues/labor shortages” excuses I feel like corps lean into making up background bs reasons so they can keep the status quo of gouging

  4. trebuchetwarmachine on

    “Struggling”? Or artificially dragging their feet to control supply and not lose any more money?

  5. I’m still confused about why Americans are seemingly ok with their government just blatantly stealing oil from the people of Venezuela?

  6. Nope, they are afraid the oil prices will dip down further. They will just feign in sudden maintenance work to shut plants down like they do every year

  7. Blows me away that we blatantly took over a country and stole their oil. We’re usually much more sneaky about it.

  8. It’s stolen oil. In every sense of the word. The US oil industry is basically facilitating theft.