Huh? He was terrible for oil stocks. He wants to increase supply to drive down price. Good for amazon, and the consumers pocket. Not so for oil companies
@dixonpinfold25825 күн бұрын
Only oil companies can increase supply. And they're not eager to do so for the reason you mentioned, that it would tend to drive prices down. They understand the principle as well as you do. Trump can only ensure the government doesn't drive prices up with restrictions or taxes. The rest is up to producers.
@Don176504 күн бұрын
Never going to happen as long as t boy is pm of canada
@bowriver12 күн бұрын
He'll be gone soon.
@searlearnold28679 күн бұрын
Trump wants oil from Alaska. We should be building a pipeline to ship that oil through Canada, mix it with ours and solidify our position.
9 күн бұрын
Is Alaskan petrol the same heavy sour crude bs as in Alberta?
@searlearnold28678 күн бұрын
No Alaskan oil is not petrol (fuel). Also no, heavy crude is not only good for 75% asphalt. It is the base feedstock required for nearly all of the 1000's of products that we derive from oil.
8 күн бұрын
@@searlearnold2867 Yeah I edited the percentage part before you commented since the % that can become fuel is closer to 55%. The thing is, why send heavy sour crude to f****ng Quebec? Why do you want to build a pipeline to that place? I am not aware of any refineries in Quebec. We probably have to buy 70 ish% of our fuel from Americans due to trade agreements and already buy the rest from western Canada as we stopped buying from other places. What do you think?
@cocolove99168 күн бұрын
@@searlearnold2867it won’t happen with our strict environment laws building a new pipeline has already been proposed many times before
@qjsharing24088 күн бұрын
Because we borrow into the Boom, I'm not interested in increasing our dependence on selling to them. But transporting their oil is an interesting idea! Even if the oil economy falls out, we will have had the jobs and infrastructure development
@IbrahimKone-ix4qi9 күн бұрын
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@IbrahimKone-ix4qi9 күн бұрын
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@PeterLorimer-ji5ut5 күн бұрын
Oh, there's going to be a 10% tariff slapped on Canadian gas and oil ... and, oh let's throw in Uranianium for good measure. America will get oil from their new ally and buddy, the Russian Federation.
@dixonpinfold25825 күн бұрын
100% wrong. "Uranianium" is a hilarious touch. (Cf. Homer Simpson: "Saxomophone.")
@PeterLorimer-ji5ut5 күн бұрын
@dixonpinfold2582 That's what Android's "AI" produces. What do you think? Wlii King Dumphuk Ist slap tariffs on Uranium to punish those mean, old Canadians?
@PeterLorimer-ji5ut5 күн бұрын
@dixonpinfold2582 How do you know it's wrong? Trump is a whack job who was going to "bring back" coal.