Louisiana emerges as gateway for Venezuelan heavy crude
Refineries and offshore facilities in Louisiana could make the state a major domestic beneficiary of a U.S.-backed expansion of Venezuela's oil industry.
Louisiana could emerge as one of the largest domestic beneficiaries of a U.S.-backed expansion of Venezuela's oil industry. The state's refineries are suited to process Venezuela's heavy crude and its offshore infrastructure can receive massive oil tankers, positioning it as a key entry point for Venezuelan oil.