Quote:
Originally Posted by LanceUppercut
I'm tangentially working in oil and gas, and I would go nuclear and cut off all the taps to the US as soon as the tariffs hit. Trump said the US doesn't need anything from us, lets see how that goes.
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Part of it will be offset by increased domestic production and the rest will be filled by OPEC and higher prices.
If you shut it off, it will be catastrophic for the Canadian oil economy. Better to keep it rolling and buy time while you build your own pipelines and refineries.