The Canadians could impose an export tax on their crude that could raise Midwestern gasoline and diesel prices by $1 per gallon, and there is nothing the President can do about it. Click here to read more.
Markets Are Rational
The rise and fall in crude prices from March 2 to June 26 was driven primarily by speculative activity. See Our View.
A Trade War and a "Made in Canada" Energy Policy (August 17, 2026) -- The US trade war with Canada could intensify this week.
A Trade War and a "Made in Canada" Energy Policy (August 17, 2026) -- The US trade war with Canada could intensify this week.