I wonder how this is going to help since refineries are running at full capacity, and only some refineries can even handle that heavy sludge from Venezuela.
At one time Venezuela owned a couple of refineries in the US (one in Corpus Christi and I think one in Indiana??) which were optimized for Venezuela’s heavy crude. Hugo sold them at some point when he was strapped for cash, but it’s possible they can still handle it, or could be refitted to handle it.
Someone else may be more up to date on the subject than I am…