US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide
Green Car Congress
DECEMBER 31, 2011
million-bbl/d Tapline to Lebanon. Use of the alternate routes would increase the cost of transportation. However, in 1996, the TPP was shut down as oil companies began shipping Alaskan crude along alternative routes. Other alternate routes could include the deactivated 1.65-million
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