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Melon

(1,107 posts)

3. I believe Canada has already missed that boat

Reply to applegrove (Reply #1)

Sat Jan 3, 2026, 10:47 PM

Jan 3

There isn’t a downfall to the US if Canada builds a pipeline East if Venezuela oil is available.

The “lock” to US dependence was the keystone pipeline which doesn’t exist.

Canada oil is discounted already due to its quality and low number of refineries for their oil. Canada’s best option was the US and they’ll continue to have to ship it south. With transportation, they will lose additional margin by shipping offshore. The high sulfur crude will be additionally discounted once Venezuelan oil becomes available.

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Out of all of this....Canada could lose [View all] Melon Jan 3 OP

I thought that a few weeks ago. Trump could use this reality applegrove Jan 3 #1

I believe Canada has already missed that boat Melon Jan 3 #3

The goal of the East coast pipeline is to sell to Europe. We may have to refine it ourselves more often. applegrove Jan 3 #4

Many dishes are going to get broken before this bull's run through the china shop is complete. John1956PA Jan 3 #2

We really need to move away from fossil fuels. BoycottTwitter Jan 3 #5

Sell what exactly? Renewable for Canada is electricity Melon Jan 3 #6

Sell Hardware BoycottTwitter Jan 4 #8

Canada doesn't have a car brand. Melon Jan 4 #12

Assuming no pushback from Venezuelans lame54 Jan 3 #7

The Canadian economy is doing better than the US Fiendish Thingy Jan 4 #9

I believe Canada just lost a major piece of leverage with oil. Melon Jan 4 #11

Carney is already shifting trade from the US to China and the EU Fiendish Thingy Jan 4 #13

That's the point... Melon Jan 4 #16

The wamer the artic circle becomes, the better for Canada. harumph Jan 4 #18

The dollar has collapsed against the loonie in the past year Fiendish Thingy Jan 4 #19

Estimates are over $100 billion to Venezuelan oil infrastructure to get the oil pumping Kennah Jan 4 #10

And that's over a decade of investment NickB79 Jan 4 #14

Don't tease me with a good time Kennah Jan 4 #15

Right. Hugely expensive. Melon Jan 4 #17