Canada Must NOT Let Eby and Coastal First Nations Force Us to Keep Selling Oil to U.S. at Discount Prices.

... “The US buys Canadian oil at a discount and exports at full price, which currently yields a US$19 billion annual windfall,” the CD Howe Institute reported earlier this year.

“The 4.4 million barrels per day imports from Canada permit the US to export a corresponding 4.4 million barrels per day of light oil (at) the benchmark WTI price of US$74 per barrel. This results in annual exports from the US of US$119 billion. These light crude oil exports to countries in Europe and elsewhere help the US reduce its trade deficits with those countries, and maybe even to achieve a trade surplus.”

Why? ...

CLICK HERE for the full commentary