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.

  • Rentlar@lemmy.ca
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    15 days ago

    The oil and gas is in certain places of the country, the refineries are in other places in the country, the consumers of oil are all over the country, and both Canada and the US are very big countries which is why there is a lot of moving around.

    All in all, there are similar elements to an electrical grid where energy is needed at different times of day or the year, except that it moves slower.

    https://link.springer.com/article/10.1007/s13202-021-01266-3

    • givesomefucks@lemmy.world
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      15 days ago

      That’s a “open access” journal specifically for the fossil fuel industry…

      https://doaj.org/toc/2190-0566

      For $2,190.00 they publish literally fucking anything.

      So some industries (like fossil fuels) pay to have a bunch of studies published that all say what they’re doing is necessary and any environmental concerns are completely overblown.

      Like…

      This behavior isn’t new or rare. But it’s very easy to check.

      • Rentlar@lemmy.ca
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        15 days ago

        I wasn’t mentioning that it is isn’t concering (it is), but I am only pushing back on that the suggestion that they would be pushing oil bidirectionally just for fun or profiting off of useless deliveries.