The Heavy Crude Imperative
The US intervention in Venezuela wasn't about democracy - it was about chemistry. Why Gulf Coast refineries, purpose-built for heavy sour crude, made the return of Maduro's oil an industrial necessity.
#oil
3 articles
The Caracas Capex Trap: Why U.S. Control Won't Drop Gas
As Trump announces the U.S. will 'run' Venezuela, the technical decay of the Orinoco Belt suggests that administrative 'control' of the oil fields comes with a $20 billion reconstruction liability.
Peak Fossil Fuel Demand: Have We Finally Hit the Top?
The IEA says it's happened. In 2025, the world's thirst for oil, gas, and coal stopped growing. Here is what the 'Peak' looks like.