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Texas refineries see opportunity in Venezuelan oil amid Mexico export declines

By Brandon Mulder, The Texas Tribune February 20, 2026 Brandon Mulder is a journalism fellow at the University of Texas Energy Institute. Texas oil refiners could soon have a stronger appetite for Venezuelan oil thanks to decreasing crude imports from Mexico as the Trump administration seeks to open Venezuela’s energy sector to U.S. companies. Refiners along the U.S. Gulf Coast are among the world’s largest buyers of heavy crude oil — a variety …

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67% Center

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Houston Public Media broke the news in Houston, United States on Friday, February 20, 2026.
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