this post was submitted on 12 Dec 2024
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Summary

Ontario Premier Doug Ford warned that Canada could cut off energy exports to the U.S. if Donald Trump imposes a proposed 25% tariff on Canadian goods.

Ford emphasized that 60% of U.S. crude oil imports and 85% of electricity imports come from Canada, highlighting the potential impact.

Canadian leaders, including Prime Minister Justin Trudeau, criticized the tariffs as harmful to both economies, while Deputy PM Chrystia Freeland suggested broader retaliatory measures.

The dispute raises concerns over trade relations and escalating economic uncertainty for both nations.

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[–] [email protected] 11 points 6 days ago (26 children)

Ford emphasized that 60% of U.S. crude oil imports and 85% of electricity imports come from Canada, highlighting the potential impact.

The thing is we had record breaking production under trump, again under Biden, and most likely will break records again with trump.

Countries play this shell game where they import/export the same product to maximize tax incentives, which just means using fossil fuels to ship fossil fuels all over, or environmentally destructive pipelines.

We export about 125,000,000 barrels of crude a month, and import about 120,000,000 barrels of crude from Canada a month...

What the actual fuck is the point?

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrexus1&f=m

https://www.eia.gov/todayinenergy/detail.php?id=63564&os=0

[–] [email protected] 3 points 6 days ago (1 children)

Not all crude oil is the same.

The US has some pretty premium stuff that can be made into jet fuel and the like, and imports more lower quality stuff that is used for gasoline, etc.

[–] [email protected] 5 points 6 days ago* (last edited 6 days ago)

i think you have it backwards, jet fuel and diesel are easier to make and gasoline requires heavier, more energy-intensive processing (like reforming or cracking). jet fuel up to fuel oils are just desulfurized distillates

but you can make it work with either, it just means yield is smaller. rearranging refinery so that it can take different source of crude is a long and expensive process tho

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