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re: Oil Bros - why can't the US refine sweet crude & would diesel export ban even lower price?
Posted on 10/2/26 at 1:08 pm to PaperTiger
Posted on 10/2/26 at 1:08 pm to PaperTiger
quote:
quote:
There's only one US refinery that can handle Venezuelan crude and that's the Chevron refinery in Pascagoula.
Why is that? A quick google search says all of these could handle the oil
quote:
Valero — Port Arthur, Corpus Christi, and St. Charles in Norco, LA. Port Arthur was literally built for Venezuelan crude.
Phillips 66 — Sweeny in Old Ocean, TX, and Lake Charles in Westlake, LA.
Chevron — Pascagoula, Mississippi, plus El Segundo in California.
Citgo — Corpus Christi, Texas, and Lake Charles, Louisiana.
Is that going off of old data or something?
I was mistaken. I was thinking about capacity/output and conflated that to ability.
My bad.
Posted on 10/2/26 at 1:10 pm to Bard
quote:
The US produces ~20% of the diesel on the international market. Suddenly removing that from global trade is going to seriously frick a lot of countries to the point where they will gladly frick us back on the cost to us to import diesel from them under waivers,
That was a great writeup. Thanks.
The only thing that rang hollow was the quote above. The countries we would screw by cutting off diesel exports surely can’t be the ones that we would have to import from. So while those imports would go up in price, that would be simple supply and demand not any vengeance.
Posted on 10/2/26 at 1:12 pm to 756
Way easier to just expand capacity at current refineries than build new ones
Posted on 10/2/26 at 2:34 pm to RemyLeBeau
quote:
This board really needs an educational lesson on crude oils.
I'd agree but as a non-O&G person, the posts here tell me that even the O&G persons don't agree on much....
Of course without knowing the actual credentials of each poster, it can be hard to tell who really is an O&G person that knows about the specific piece of the O&G universe that is being discussed...
Posted on 10/2/26 at 3:22 pm to MightyJoeYoung
There are two refineries in San Antonio that process light sweet.
Posted on 10/2/26 at 3:23 pm to Ramblin Wreck
quote:
I thought the refinery in Chalmette could too. Wasn’t it owned by the Venezuelan government at one time?
Yes, it does or it did.
When it was Chalmette Refining, it was XOM and PDVSA. Exxon got tired of 50% on the dollar comparable to Baton Rouge, Beaumont and Baytown and grew tired of PDVSA's crap.
Posted on 10/2/26 at 3:23 pm to MightyJoeYoung
quote:
but all refineries are set up for Venezuelan/Canadian heavy crude.
Incorrect
Posted on 10/2/26 at 3:25 pm to udtiger
I know too much about refining oil from playing minecraft.
Posted on 10/2/26 at 3:27 pm to udtiger
quote:
There's only one US refinery that can handle Venezuelan crude and that's the Chevron refinery in Pascagoula.
20 years ago Texas city refinery was the most flexible in the world and could take anything including the most sour. Not sure about today. If not by now they will soon be able to take sour crude again
Posted on 10/2/26 at 3:33 pm to MightyJoeYoung
Loading Twitter/X Embed...
If tweet fails to load, click here.quote:
ROLLINS: “Louisiana, Oklahoma, Texas, Alabama, Nebraska and several other states are also taking action on dyed diesel, which could cut 10–20% off the price per gallon.”
47 is going full fuel affordability mode ahead of the midterms ????
The dude just solves problems. That’s what he does best
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