Subj : Re: I watched the 'talk'
To   : ROB MCCART
From : Mike Powell
Date : Mon Mar 10 2025 09:59:00

> I don't know if they have the capacity to totally replace our deals
> with the USA, but I suppose while they are building the pipeline
> they can maybe make the refineries bigger as well, plus that's only
> for our use. The sale of oil to you will continue even if Trump puts
> his threatened 10% tariff on it. Trump wants the profit from that
> even if it costs you guys an estimated $10 more for a tank of gas.

If Trump were smart, he'd make an exception for oil "imported" into the US
just to be turned into gasoline to be "exported" back to you all.  That
process is keeping Americans employed.  IMHO, I am not sure how we could
really even count that as an export since we are only providing the labor.
The raw material (oil) comes from Canada and the resulting product
(gasoline) is destined to go back.  I guess it just cancels out.

> There's a small chance that if Trump is screwing around, and not
> serious about this stuff, we are making changes to protect ourselves
> so a lot of damage will happen anyways.

The constant tariff yo-yo is not doing either country any good.  It has
not helped our stock market at all.  Canada learning to become more
self-reliant really won't help us, but at least it will help you all out a
whole lot in the long run.


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