There isn’t enough capacity to refine both the Canadian oil and the Venezuelan oil," said professor Erick Langer, director of the Center for Latin American Studies at Georgetown University and an expert on Venezuelan politics.
"So if the pipeline is built, then Venezuela might be up a creek without a paddle, because they won’t have anywhere else to refine the oil.
“Can Rail Fill the Gap if Keystone XL Pipeline isn’t Approved?
" Thoughtful round-up and analysis via one of my favorite sites, Planetizen
. Did not realize 40% of Venezuelan oil is shipped and refined in Texas.