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.
Why would it be more profitable to do it the less efficient way? It costs per mile/km to build pipe.
Yeah but this is America…
Pipelines are so much cheaper than truck, even with massive leaks:
https://www.eenews.net/articles/inspector-weak-pipeline-rules-put-profit-over-safety/
And when it’s bad enough taxpayers bail them out:
https://www.transportation.gov/briefing-room/investing-america-biden-harris-administration-announces-nearly-200-million-replace
The problem is they put profits over everything. I’m not sure where all this misunderstanding is coming from
Not shipping it would be cheaper yet, though.
I don’t think there’s a misunderstanding here, exactly. You want to shit on pipelines, and that’s okay, but I’m more interested in the how this all fits together economically.
I take you’ve never been affected by a tailing pond or pipeline failure then.
Look, if you have no mental bandwidth for anything but rage like that, you’re just as much a part of the problem as the other guys. Details matter, the world is complex.