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Thread: Keystone oil sands pipeline rejected

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Gill View Post
    Look above your post and you'll see a lot of information that I've provided.

    Venezuela cannot refine their own oil because it is low quality heavy crude. That's why they send it to us. They have a very low refinery capacity.
    What do you do, just make **** up?

    I just gave you a list of oil refineries in Venezuela and what they can refine.

    The Paraguaná Refinery Complex (Spanish: Centro de Refinación de Paraguaná) is a crude oil refinery located in the Venezuelan state Falcón and currently considered the world´s second largest refinery complex, just after Jamnagar Refinery in India. It's the result of the fusion of Amuay Refinery, Bajo Grande Refinery and Cardón Refinery. Nowadays it refines 940 thousand barrels per day (149,000 m3/d). The complex is located in a shared area by the Paraguaná Peninsula in Falcón state and the western coast of Lake Maracaibo in the Zulia state. This complex holds 71% of the refining capacity of Venezuela and it belongs to the state-owned company Petróleos de Venezuela (PDVSA).

    The Cardón Refinery started operations in 1949 with capacity to refine 30 thousand barrels per day (4,800 m3/d), it currently handles 305 thousand barrels per day (48,500 m3/d); the Amuay Refinery started having a capacity of 60 thousand barrels per day (9,500 m3/d) and nowadays it can refine 635 thousand barrels per day (101,000 m3/d) and Bajo Grande Refinery, built by 1956 has the capacity to refine 16 thousand barrels per day (2,500 m3/d).
    Source: Paraguaná Refinery Complex - Wikipedia, the free encyclopedia

    Nowadays it refines 940 thousand barrels per day (149,000 m3/d).
    Show me any oil refinery complex in the world that refines that much!

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Gill View Post
    Look above your post and you'll see a lot of information that I've provided.

    Venezuela cannot refine their own oil because it is low quality heavy crude. That's why they send it to us. They have a very low refinery capacity.
    Not only does Venezuela refine their own oil.. they also refine most of Iran's oil.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by sharon View Post
    Not only does Venezuela refine their own oil.. they also refine most of Iran's oil.
    In a year and a half, we have managed to take away 20 million gallons a day of the Venezuelan gasoline market and we're still going after more.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Gary View Post
    What do you do, just make **** up?

    I just gave you a list of oil refineries in Venezuela and what they can refine.
    Venezuela refines about half of its oil in Venezuela. The rest is refined in the U.S. and the Caribbean.

    Show me any oil refinery complex in the world that refines that much!
    Actually, there is a larger one in India.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Gary View Post
    In a year and a half, we have managed to take away 20 million gallons a day of the Venezuelan gasoline market and we're still going after more.
    They don't measure crude oil in gallons.. In 2009 Venezuela only exported 1.75 million barrels per day (bbl/d).. That isn't a lot... and exports have fallen since then.

    Venezuela had a 2009 refinery capacity of 1311 thousand barrels a day..

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Gill View Post
    Venezuela refines about half of its oil in Venezuela. The rest is refined in the U.S. and the Caribbean.



    Actually, there is a larger one in India.
    And an even larger few in Saudi Arabia.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Gill View Post
    Venezuela refines about half of its oil in Venezuela. The rest is refined in the U.S. and the Caribbean.



    Actually, there is a larger one in India.
    It's good to know you can read one of my quotes, but the question was refine and not refinery capacity. I told you our strategy was to go after the Venezuelan market and it is. Venezuela is weak in it's ability to export crude and is strong in it's ability to refine crude, whether it's theirs or not. All the crude or product, like gasoline, in the world doesn't do you any good, if you can't sell it.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Gary View Post
    It's good to know you can read one of my quotes, but the question was refine and not refinery capacity. I told you our strategy was to go after the Venezuelan market and it is. Venezuela is weak in it's ability to export crude and is strong in it's ability to refine crude, whether it's theirs or not. All the crude or product, like gasoline, in the world doesn't do you any good, if you can't sell it.
    Iran buys $6 billion a year in gasoline.. most of it refined in VZ.............

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by sharon View Post
    They don't measure crude oil in gallons.. In 2009 Venezuela only exported 1.75 million barrels per day (bbl/d).. That isn't a lot... and exports have fallen since then.

    Venezuela had a 2009 refinery capacity of 1311 thousand barrels a day..
    I converted the year and a half increase of our exports of gasoline to gallons, so it could be easily understood in terms of dollars.

    I just gave a list of Venezuelan refinery capacity and it's much more than that.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by sharon View Post
    Not only does Venezuela refine their own oil.. they also refine most of Iran's oil.
    Not sure if that's true or not..........can't find any reference to Venezuelan refining oil for Iran, but they do send gas to them.

    Venezuela has a lot of refinery capacity, but they can't refine the heavy crude they produce efficiently. That's why they send most of it to the U.S. who has efficient and complex refineries that can handle the crappy crude from Venezuela.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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