northlands
Senior Member
Yes, PADD 2 & 4 would get hammered--but we're talking Americans having to pay higher gas prices (and the broader impacts of that) vs millions losing their entire livelihoods. Who is going to capitulate first? Probably not the country with the maniac at the helm who doesn't have to worry about seeking re-election.The us being a next exporter doesn’t really mean they can afford a war on this. It’s where the crude is, the feedstock refiners need and how they get it will be the kicker. The Midwest refiners rely almost solely on the Enbridge mainline, and can’t just get that feedstock from anywhere. If there’s tarrifs or interruptions the entire Midwest is going to see an almost immediate price spike. I just don’t see how that will be avoided. Fen the gulf coast would have to start.p sourcing Venezuelan heavies to offset the loss of Canadian heavies.
You are right though, what a mess.
Worse yet, it further incentivizes the United States to further retool their domestic O&G midstream and downstream capacity to become more independent off Canadian heavy sour. The Alberta oil patch isn't as vertically integrated with American corps as it used to be since CNRL went around buying out Shell, Chevron, Conoco, etc.




