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