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.
#Venezuela
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.
Status Quo Secured: The 'Skipper' Seizure and the Rejection of Transition
The US seizure of 'The Skipper' isn't just law enforcement—it's a definitive statement that the economy remains anchored to the fossil fuel status quo, rejecting a rapid pivot to renewables.