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crudeoil24

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Re: DewDiligence post# 871

Thursday, 10/06/2022 3:58:24 PM

Thursday, October 06, 2022 3:58:24 PM

Post# of 945
Venezuela sour crudes are heavy in sulfur content, requiring additional refining that typically needs natural gas, which has doubled in price this year. If the crude is not used, it could end up being stored in oil tanks or exported away and may not have the intended effect of reducing gasoline prices.

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