Lots of different grades of oil and in both countries building new refineries is almost impossible due to environmental stupidity. Not every refinery can refine every oil. This was the big thing with the Keystone pipeline, take heavy Canadian oils sands oil to the gulf where they are designed to refine it and then ship to the international market as opposed to shipping west on trains to tank it elsewhere. Buy Warren Buffett owns trains and Democrats so we couldn’t have that.
Latest Answers