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BREAKING: US imports of crude oil from Venezuela surged +183,000 barrels per day last week, to 782,000 barrels per day, the largest weekly total since August 2017.
Over the last 6 months, imports from Venezuela have surged +550,000 barrels per day, or +237%.
As a result, US imports of crude oil from Venezuela have averaged +626,000 barrels per day over the last 3 months, the largest 3-month average in 9 years.
To put this into perspective, imports were as high as 1.5 million barrels per day in 1997 and consistently averaged above 1 million barrels per day between 1995 and 2007.
The US is rapidly ramping up its consumption of Venezuelan oil.
🇺🇸 This is the blue Toyota from earlier.
Still sitting under the 183 overpass with the door open, passenger side smashed, and holes in the door and rear.
Officials still have not put out a full account of why the agent fired.
And that’s basically where things stand for now.
Writer: Daniyal