Post by
parcheg on Jul 19, 2023 2:05am
Question for the board
Beccuase I am dumb and look only to O&G cos. paying divvies, and NOT ot a holder of MEG (my neighbour is, as he was an employee and got in at around $5/share), I was wondering:
with the Olmeca refinery in Tabasco, MX (also called Dos Bocas) going on stream at present and expect to reach full capacity later this year, this will mean less heavy crude to Gulf Coast (GC) refineries. So, won't these sane refineries be looking for hevy crude? Venezual's is heavily contaminated, so Im told, wih salt water and impuities.
This Olmeca refinery spells mega$$ for MEG and others metinks.
And a potentil divvy to MEG shareholders.
Lookng for comments, GLTA