> refining in ghe us is a matter of convenience due to their proximity. to maintain any level of reliance upon us refineries as the spectre of tariffs looms, is a huge risk, and loss of bargaining power. > as for your second point the profit margin to convert over to that and sell elsewhere would be a far larger dent to profits than 15%. that's under existing crude oil market conditions. if the retard trump ushers in an oil embargo, by virtue of attacking iran, then this calculus could change significantly.
Guatemala