Canadian Oil Stands To Profit From Trump's Energy Agenda

Donald Trump’s victory in last week’s elections has worried many people. The reason they are worried is the word tariffs. Trump has threatened to impose tariffs on every country he sees as having an unfair trade advantage over the United States. One country is lucky, however. That county really does have an advantage—and tariffs will not erase this advantage. Canada is the biggest foreign supplier of crude oil to U.S. refiners. Canadian supply is especially vital in heavy crude, which U.S. oil companies do not produce anywhere…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com