Entirely possible since it's the oil cartels that tend to maintain a monopoly on the means of production for petroleum products.
Also fun fact Alaska is similar to Venezuela in the fact that we rely on our oil reserves to the point our economy crashes when oil prices crash, and we have to ship our oil out to get it refined.
Didn't Venezuela have oil shortages due to all the refineries being located outside the country?
Entirely possible since it's the oil cartels that tend to maintain a monopoly on the means of production for petroleum products.
Also fun fact Alaska is similar to Venezuela in the fact that we rely on our oil reserves to the point our economy crashes when oil prices crash, and we have to ship our oil out to get it refined.