this post was submitted on 20 Mar 2026
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Every oil company and exporting nation: Drill baby, drill!
Long term, we will see Guyana and Venezuela added into the market, neither of which can be hampered by Iran or Yemen, and both of whom have massive reserves.
venezuela might be too costly since thier oil is very difficult to refine, something about it being heavy oil, might be more expensive than it cost to sell. hence why we hear almost no more news about VENEZUELA in recent months.