If the Straits of Hormuz stay open, then yes: “taking” Venezuelan oil is not a win.
If those straits close, then we will be looking at an entirely different situation.
I hope the Reddit hive mind is right about what’s going on right now with Venezuela.
If you give, say, a 25% chance of the Straits of Hormuz end up blockaded for years: that changes the value a bit.
royal_Bishop on
The impact this may have on Canada should not be understated. The dominos that may fall between Canada and the U.S, as a result of this, are significant. The same refineries processing Canadian oil can process Venezuela oil. If Canada can’t sell its oil to the U.S, the country is in a world of hurt. They’ve refused to build additional pipeline capacity to their coasts to feed Europe and Asia.
Does this introduce a new bargaining chip for Trump as part of negotiations with Canada? You’re fucking right it does.
Just_Candle_315 on
This guy brags about sexually assaulting women, he doesn’t know how to attain anything without force and violence. And all the people who think it’s strength are left behind sacks who’ve never really worked a day in their life.
3 Comments
If the Straits of Hormuz stay open, then yes: “taking” Venezuelan oil is not a win.
If those straits close, then we will be looking at an entirely different situation.
I hope the Reddit hive mind is right about what’s going on right now with Venezuela.
If you give, say, a 25% chance of the Straits of Hormuz end up blockaded for years: that changes the value a bit.
The impact this may have on Canada should not be understated. The dominos that may fall between Canada and the U.S, as a result of this, are significant. The same refineries processing Canadian oil can process Venezuela oil. If Canada can’t sell its oil to the U.S, the country is in a world of hurt. They’ve refused to build additional pipeline capacity to their coasts to feed Europe and Asia.
Does this introduce a new bargaining chip for Trump as part of negotiations with Canada? You’re fucking right it does.
This guy brags about sexually assaulting women, he doesn’t know how to attain anything without force and violence. And all the people who think it’s strength are left behind sacks who’ve never really worked a day in their life.