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Posted
5 minutes ago, All_Pro_Bills said:

Most US Gulf coast refineries are configured to refine heavy crude. It was a big mistake to cancel the completion of Keystone. It would have benefited both Canada and the US. But that was the democrats appeasing the environmental base rather than prioritizing the economy. So the Alberta based oil business reacted and lobbied for the now completed Trans Mountain Pipeline expansion to the coast near Vancouver. Much of that crude gets shipped down the coast to US refineries. China might be a market for Canadian crude but for now China is happy to receive discounted sanctioned Russian crude shipments and supply from the Saudis. 

At the moment the Permian is the only US Shale basin that has the ability to increase production. Others have experienced steep and rapid declines in production. As expected by geologists. In short order US production will rapidly decline. No big discoveries with the exception of the Arctic are likely. Offshore drilling is expensive. Drill baby drill is a fantasy. Shipping our NG production to Europe is stupid. The war situation is in part to inhibit the integration of Western Europe and Russia by eliminating a cheap sources of energy and expanded trade. An arrangement thst would cripple US influence over Europe.

The smart thing for both the US and Canada would be to agree on a clear mutual beneficial relationship. That doesn't appear to be on the table. Personally, I hold two big Canadian oil companies in my investments. Canadian Natural Resources and Suncor. Both are solid long term well run energy plays with large reserves.

The smart thing for Canada to do is not give our lunch money to the bully.

Logic is not part of trump and the US in 2025. Treat your partners like enemies is the US strategy. Not trumps strategy, the US strategy.

Your logic is good  but not possible. Trumps and project 2025 has different goals, Greenland and 51st are at the top of the list.

Posted
36 minutes ago, Trump_is_Mentally_fit said:

 

 

Let's start by getting rid of EV mandates. Ford loses money on every Mustang Mach-E it sells.

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Posted
18 hours ago, JDHillFan said:

Let’s not get carried away 

 

Only reason he is not on ignore is because he spews some of the craziest takes on here that I am amazed and have to read.

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