Tony Franklins Other Shoe said:Cyprian said:
I read yesterday, VZ started shutting down wells. Bad sign for them, with no storage or diluents. It will take millions and months (years?) to recover. The heavy crude will end up turning into cement/asphalt - leading to major infrastructure damage. From what i understand, this isn't something they can just turn a valve and the oil starts flowing again, etc
Yes, that would be a logistics nightmare as this stuff settles in pipelines, tanks, well heads. Everywhere.
Hopefully Diddy is out in time to utilize his vast knowledge of oil to help them out.