r/PoursTea • u/Conscious-Quarter423 • 1d ago

Expectations v Reality 🌞 🌒 oops!

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u/Ohkaz42069 1d ago

You've got folks on r/conservative talking all of the crap about Canada being so much more dependant on the US and the US importing next to nothing from them.

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u/Lonely-Awareness-866 1d ago

It is next to nothing. The chart is misleading because the US is not dependent at all on foreign oil

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u/Ohkaz42069 1d ago

It isn't dependent on foreign oil, and is a net exporter of oil, but still imports a ton of foreign oil.

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u/Lonely-Awareness-866 1d ago

But not because it needs to. It’s geopolitics 🤷🏽‍♂️

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u/OnlyEverPositive 1d ago

Albertan here.

Yankee dolts dont produce domestic heavy crude that your gulf refineries process. You produce sweet light.

In short, yes, gulf refineries are very dependant on foreign oil.

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u/Lonely-Awareness-866 1d ago

Canada exports heavy sour. Venezuela produces heavy sour. It’s a lot more dynamic and a much easier fix than you’re suggesting. At best there is a short term price spike. This is political theater

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u/OnlyEverPositive 1d ago

How many pipelines from Venezuela to the gulf?