Quote:
Originally Posted by DoubleF
What does Trump in power mean for Alberta O&G?
I know he wants to do more internally for USA such as manufacturing and ignore climate change stuff, so if they develop more O&G in the US, does that hurt Alberta more than what Harris was going to do?
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US is a Net Exporter of O&G, so the impacts will probably more macro than directly targeting Alberta.
I know other commodities better, but based on what I know of them. If he creates wide spread retaliatory tariffs, then in could increase demand from products in other countries outside of the US, but Alberta isn't the best place to ship from to capture that demand. But you could also see Canada follow suit in a effort to keep the in the US's good graces, than you could see us get into a trade war with other potential customers, but also having exclusive access to the US market.
Moral of the story, if they vote for chaos it's really hard to predict what happens.