Trump says Venezuelan oil could replenish depleted U.S. stockpiles. Will it?

TL;DR

President Trump plans to use Venezuelan oil to refill the Strategic Petroleum Reserve, which is at its lowest level since the 1980s.
The U.S. government will take a 35% equity stake in North American Blue Energy Partners (NABEP), which has concessions in Venezuela.
Venezuelan crude is heavy and dense, posing technical challenges for storage in the SPR, which typically holds lighter oil.
Rebuilding Venezuela's oil industry requires significant investment and time due to decades of underinvestment and sanctions.
Experts estimate it could take years, possibly five to seven, for Venezuelan production to significantly impact U.S. supply, and suggest a 'molecular swap' for lighter crude as a more feasible solution.

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