Oil Price Rebounding..?, page-2

I'm not sure that the big U.S. oil companies will want to go down the path of Tarriffs on Saudi oil as many of their refineries are still configured to process Saudi Light - tarriffs on the input crude into those refineries would just squeeze refining margins even more. The other fear is that the Saudis could retaliate once demand picks up again in a few months and stop supplying crude to U.S. refineries (apart from the Motiva refinery that the Saudis own in Port Arthur, Texas) - that would idle a lot of U.S. refinery capacity as they can't process U.S. shale oils as the refineries aren't configured for processing those sorts of crude leaving the U.S. short of refined product when they are getting back on their feet again.