Throw Mexico, Not Oil Industry, Under Trump Trade Bus

JWN Energy Group’s Daily Oil Bulletin
25 June 2018

There may be more prominent targets in U.S. President Donald Trump’s multi-front trade war, such as China and the European Union, but Canada and Prime Minister Justin Trudeau have recently been the primary recipients of Trump administration vitriol. This has led to a spike in Canadian nationalism, much tough talk on future trade negotiations with the U.S., and calls to diversify the country’s massive oil and gas exports away from our southern neighbor — in 2017, 100 per cent of Canada’s 8.2 bcf/d of natural gas exports went to the U.S., and about 99 per cent of its 3.3 million bbls/d of crude oil exports — given Trump’s apparently erratic actions and related factors.

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