Won't be long till the US is a net OIL importer of many millions bbls ..shale oil production is peaking .... if Alameda is indeed a "Giant OIL field" I would think much like we seen >>
2023-MAR
HOUSTON/WASHINGTON, March 30 (Reuters) - Valero Energy Corp (VLO.N), the second-largest U.S. oil refiner, is seeking Washington's permission to import Venezuelan crude, according to four people close to the matter, hoping for a repeat of the approval granted to Chevron Corp (CVX.N) in November after a four-year ban.President Joe Biden's administration has eased some U.S. sanctions on the OPEC-member nation in an effort to encourage a political dialogue with the country's opposition. That has led to further pressure from U.S., European and Asian energy firms, but Washington has resisted any additional major steps for now.
Ann: Block 9 Alameda 2 Appraisal Update, page-880
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