Yep.
See, the Us state Dept. doesn't want to cut off Orinoco heavy crude .Its called a 'tacit agreement'. Majuro is busy restoring order.
Petros- you keep missing my point. Orinoco heavy crude sells in the gulf as American second supply.
: History of the Venezuelan oil industry and Energy policy of Venezuela
The Venezuelan oil producer PDVSA wholly owns its United States-based subsidiary, Citgo and attributes a large percentage of its wealth to oil sales from the United States
Venezuela has some of the largest oil and natural gas reserves in the world, and consistently ranks among the top ten world crude oil producers.[85] Compared to the preceding year another 40.4% in crude oil reserves were proven in 2010, allowing Venezuela to surpass Saudi Arabia as the country with the largest reserves of this type.[86] The country's main petroleum deposits are located around and beneath Lake Maracaibo, the Gulf of Venezuela (both in Zulia), and in the Orinoco River basin (eastern Venezuela), where the country's largest reserve is located. Besides the largest conventional oil reserves and the second-largest natural gas reserves in the Western Hemisphere,[87] Venezuela has non-conventional oil deposits (extra-heavy crude oil, bitumen and tar sands) approximately equal to the world's reserves of conventional oil.[
the Majuro /Obama relationship " work's. XL pizzes with it. Capeche?
