Rubio touts US refineries' ability to process Venezuela's oil
- Posted on January 4, 2026
- By Bing News
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Rubio touts US refineries' ability to process Venezuela's oil
Secretary of State Marco Rubio on Sunday touted what he called a unique U.S. capability to refine Venezuela's abundance of crude oil, a linchpin of the Trump administration's takeover strategy for the country. The big picture: Refineries in the Gulf of America (renamed from Gulf of Mexico) are generally better designed to handle Venezuela's "heavy" crude than the lighter grades from shale produced from fracking. Heavy crude oil is a dense,...