- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 1/4/26 at 7:14 pm to MikeD
quote:
Well, Shell Convent was shut down and it had 5 sulfur removal units.
That heavy oil unit was a beast.
Posted on 1/4/26 at 7:15 pm to fightin tigers
quote:
And zero cokers
There was a FCCU
Posted on 1/4/26 at 7:21 pm to notiger1997
quote:
Trump has nothing to do with how this oil will get to the market and when unless he throws a lot of US money at the situation.
Just like everything else Trump has accomplished as our president.
Posted on 1/4/26 at 7:28 pm to MikeD
quote:
There was a FCCU
Why it is shutdown post MARPOL
(Too simplified I agree)
This post was edited on 1/4/26 at 7:29 pm
Posted on 1/4/26 at 7:28 pm to PurpleandGold Motown
quote:
thought the Gulf Coast refineries were purpose built to process sour crude for diesel and other products?
I'm almost positive this is what Citgo refines in Lake Charles. Place looks like almost black and a rust bucket.
Edit- they are a Venezuelan company
This post was edited on 1/4/26 at 7:31 pm
Posted on 1/4/26 at 7:31 pm to PurpleandGold Motown
quote:
thought the Gulf Coast refineries were purpose built to process sour crude for diesel and other products?
Haven't the been running at reduced efficiency since they stopped getting crude from Venezuela?
Yes.
No.
Worth is worth. You don't just run throughput to run throughput. All value is based on what it can provide. If gas is $1.5/gal no one is producing gasoline unless diesel is covering the cost.
Posted on 1/4/26 at 7:33 pm to PurpleandGold Motown
I saw on Facebook that Trump has already started to get things flowing.
Posted on 1/4/26 at 7:35 pm to PurpleandGold Motown
How can anything be planned being we have no control over Venezuela. Yes, we took their crooked President, but that is all we did.
Posted on 1/4/26 at 7:44 pm to fightin tigers
Venezuela critical path will be through spare parts to fix stuff. Most likely pneumatic and analogue instrumentation likely no longer used in modern facilities. Pump seal, bearings, and couplings for 40 year old pumps/compressors. Alloy tubing for furnaces. Well tubing and bits, work over rigs, tank trucks
Look for every surplus oilfield/crude refinery equipment operator in the US to make a killing.
Look for every surplus oilfield/crude refinery equipment operator in the US to make a killing.
Posted on 1/4/26 at 7:47 pm to PurpleandGold Motown
It was shite back in the 90's, can't imagine how bad it is now after 30 years of being run by illiterate Chavistas.
Posted on 1/4/26 at 7:51 pm to LemmyLives
quote:
Most of the engineers live in Katy-Zuela, though.
There used to be a lot of Venezuelan O&G baws in Lafayette but they've all retired or moved to Houston since.
Posted on 1/4/26 at 7:59 pm to Trevaylin
They are producing around 1mm bbls per day right now. Roughly $40mm at today's prices.
There is a lot of room to grow, but the market needs to absorb this first.
There is a lot of room to grow, but the market needs to absorb this first.
This post was edited on 1/4/26 at 8:01 pm
Posted on 1/4/26 at 8:03 pm to PurpleandGold Motown
On top of simply the market forces currently, majors are going to be lukewarm to commit that level of capital with so much political instability and uncertainty. Investment is just starting to really pick up in earnest in Argentina and Milei has been in office for two years, as an example.
They may talk a big game as far as long term plans go to stay in the good graces here politically but I suspect it will take a little more stability to get them to truly start rebuilding things which will only further delay it
They may talk a big game as far as long term plans go to stay in the good graces here politically but I suspect it will take a little more stability to get them to truly start rebuilding things which will only further delay it
Posted on 1/4/26 at 8:17 pm to fightin tigers
Not true if the refinery is equipped to run heavy sour oil it’s perfect and there is one in BTR that is specifically built for heavy sour crude !
Posted on 1/4/26 at 8:18 pm to Dangitbobby7
quote:
Not true if the refinery is equipped to run heavy sour oil it’s perfect and there is one in BTR that is specifically built for heavy sour crude
What is the value though?
Would you rather run 60k of domestic vs 30k of Venezuelan at the same price? It's an obvious answer.
This post was edited on 1/4/26 at 8:20 pm
Posted on 1/4/26 at 8:30 pm to Defenseiskey
quote:
Venezuelan O&G baws in Lafayette but they've all retired or moved to Houston since.
Yep, they live in Katy/Fulshear, and almost all voted for Kamala.
Posted on 1/4/26 at 9:49 pm to PurpleandGold Motown
I thought they were supplying China, Cuba, and Russia with oil currently?
Posted on 1/4/26 at 10:07 pm to PurpleandGold Motown
quote:
How Long to Bring Venezuela's Oil Facilities and Infrastructure Back?
depends on which global companies are willing to invest/joint venture first.
we already have refineries online that were built for their crude (chalmette refinery used to be partially owned by venezuela's oil company )
This post was edited on 1/4/26 at 10:08 pm
Posted on 1/4/26 at 11:09 pm to TxWadingFool
quote:
I thought they were supplying China, Cuba, and Russia with oil currently?
They are operating at less than 20% capacity since the 90s. All their infrastructure (that the US built) was allowed to rot after Chavez replaced all the competent people with loyalists.
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News