Chevron yet to expand operations in Venezuela, Trump announces historic, massive oil agreement.

It's another Trump scam to steal from the US taxpayers. The heave crude can't be used because we don't have the equipment to refine that crap.even Canada's tar sands are better, but Trump has sabotaged that too, but the orange idiot went ahead to open the Keystone again just so he can waste even more tax dollars and lie about oil production.

The claim that the United States lacks the equipment to process heavy crude oil is a major misconception. In reality, nearly 70% of U.S. refining capacity is designed to process heavy, sour crude oil.

The Gulf Coast Infrastructure: Decades ago, billions of dollars were invested to equip U.S. refineries (especially along the Gulf Coast) with complex processinh units called "cokers". These systems are uniquely engineered to break down dense, high-sulfur oil like that found in Venezuela and Canada.
The Refinery Mismatch: The U.S. actually produces an abundance of light, sweet crude domestically through fracking, but its advanced refineries still rely on importinh heavy crude to run at peak efficiency. The U.S. possesses roughly 50% of the world's total capacity to refine heavy crude oil.

The Keystone XL project is also a focus of current trade negotiations.

Recent Activity: After the project was canceled in 2021, President Trump signed an executive order authorizing a partial cross-border revival project.
Current Status: Industry developers (like South Bow) are actively trying to piece together a slightly altered route to deliever heavy Canadian crude down to Wyoming and Texas. The project is privately funded by energy corporations rather than directly draining U.S. tax dollars, though it continues to face Strong regulatory, legal, and enviornmental pushback.