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Trump tariff threats are pushing Canada’s largest oil producer to break its dependence on the U.S.
The deeply integrated North American oil and gas market stands at crossroads, with Canada’s largest oil producer warning that it will diversify its exports away from the United States if President Donald Trump’s tariff threats do not end. Alberta Premier Danielle Smith on Wednesday presented two possible futures for the continent. In one, Canada and the U.S. reach an agreement to create “Fortress North America,” with new pipeline capacity built to support 2 million barrels per day in additional exports to the U.S. market, Smith said at the CERAWeek energy conference. This will support Trump’s “energy ... (full story)
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- Posted: Mar 12, 2025 5:26pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 92
