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OakesCS

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OakesCS

Re: DewDiligence post# 11515

Friday, 11/27/2015 8:18:04 PM

Friday, November 27, 2015 8:18:04 PM

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Apparently, management by wishful thinking also exists in Pemex. They have next to nothing for refining capacity and I suspect most of their pipeline network is not designed to move refined petroleum. Left to their own devices and choices, other producers will likely transport the oil to the US and then it'll go to whatever market is most advantageous to the refiners.
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