Tag #Canadian Oil

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theglobeandmail.com
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Canada's Oil Sands: A Potential Energy Boom?

Canada's oil and gas sector, once viewed negatively, is being reconsidered as crucial for economic survival and independence, leading to renewed interest in major projects like pipeline expansions and port developments, potentially triggering an energy boom.

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60% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Trump Tariffs Shift Canadian Premiers' Support for Pipeline Expansion

U.S. tariffs on Canadian goods have prompted a "sea change" in support among Canadian premiers for expanding oil and gas pipelines to diversify exports to Asia and Europe, including proposals for "Energy East 2.0" and Trans Mountain expansion, despite federal concerns about the timeline and need for...

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48% Bias Score

Climate Action
cnbc.com
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Trump's Canada Oil Tariffs Threaten U.S. Gasoline Price Hike

President Trump's threatened 10% tariff on Canadian crude oil imports, currently on hold until March 4, could raise U.S. gasoline prices by up to 15 cents per gallon due to Midwest refiners' heavy reliance on cheaper Canadian crude, despite the U.S.'s status as the world's largest oil producer.

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40% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Trans Mountain Pipeline Exceeds Expectations, Generating $1.25 Billion for Canada

Trans Mountain Corp. exceeded expectations in its first year of expanded operation, generating $1.25 billion in revenue for the Canadian government due to record oil shipments (averaging 757,000 barrels daily) and a cost-reducing refinancing deal; further expansion projects are underway.

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44% Bias Score

Decent Work and Economic Growth
us.cnn.com
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Trump's Oil Policy: A Mismatch Between Production and Refineries

President Trump's energy policy prioritizing domestic oil use is challenged by the fact that the US produces mostly light crude oil while its refineries are designed for heavier crude, mainly imported from Canada; a proposed 10% tariff on Canadian oil could disrupt the system, increasing gas prices.

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44% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Tariff Threat to Upend US-Canada Oil Trade

President-elect Trump's threatened 25% tariff on Canadian oil imports jeopardizes the US refining industry, which relies heavily on Canadian heavy crude, especially in the Gulf Coast and Midwest, potentially causing significant economic consequences.

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44% Bias Score

Affordable and Clean Energy

Showing 1 to 6 of 6 results