I don’t see how trading 100,000 bpd of oil, for a similar amount of a different grade oil is going to completely change our energy dynamic. Or even make much of a minor change.
I think this is another example of OilPrice.com over-hyping a small amount of info. They seem to have become the Business Insider of the oil market. Lots of news with little value.
They do hyperventilate a bit.
I think the Mex energy company is owned by Mex elites that we are funding.