A Trade War Boon for Canadian Oil Industry?

JWN Energy Group’s Daily Oil Bulletin
22 March 2018

When I’m wrong, I’m wrong. Early last decade I stayed bearish crude oil prices far too long, failing to foresee the Chinese oil consumption juggernaut. Last October, failing to foresee President Donald Trump wanting at least a few friends for his global trade war, I argued the North American Free Trade Agreement (NAFTA) was dead. Here and now, I do an about face. The combination of a successful NAFTA renegotiation and U.S.-initiated global trade war could have significant positive implications for Canada’s oil and gas industry, assuming we gain access to tidewater and maintain relatively cordial international relations in a world gone awry.

To read more:
http://www.dailyoilbulletin.com/article/2018/3/22/analysis-trade-war-boon-canadian-oil-industry/