Stolen Tech
Using stolen tech!
9 publicly visible posts • joined 2 Aug 2018
Most of Canada's crude oil is "Heavy/Sour: These oils have a low API gravity and high sulfur content, making them the most difficult to refine and the least valuable." Brave AI. Canada does not have enough refineries that can handle Heavy/Sour oil. Selling Heavy/Sour oil to Europe would have to come at a steep price reduction to pay for shipping to Europe. This is not profitable. I suppose they could build more refineries however these do not just pop up in a few years. Would the environmentalist even allow building another pipeline? Gas also has a problem same as America when selling to Europe the cost to ship it there. At least here the competition would be even, no one wins with a price war.
Another note, Canada's has no pipelines to move oil from East to West. Why you may ask because the environmentalist shutdown the pipeline that was to be built. So all Canadian oil flowing East to West or West to East has to flow through America.
Besides, Canada just agreed to enforce their border with a 1.2 billion dollar deal so the Trade War is likely over.