Given the well-known fact that his oil infrastructure has gone straightaway into the sewer since the PDVSA strike, and given that his spending has gone nowhere but straight up, I claim -- and with good reason, I believe -- that he needs every dime of revenue his little Marxist hands can find.
He can't tolerate (or, likely, survive) any further significant production/sales drop. And this little fact is going to change the game, bigtime, and right quick, says I.
But it has been economically done to our West coast for decades. Asia is a fast growing market, at $20/barrel it was justifiable to send it from Saudi Arabia to California. Even his low grade stuff at $50 is pretty easy to justify shipment to Asia.