• Em Adespoton@lemmy.ca
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    2 days ago

    This seems really odd.

    Since Trump started the Canadian Tariff Wars, the amount of Canadian crude going to the US has dropped substantially. Guess where it’s going instead? China.

    While China might sell to the US for less than they’re buying from Canada, it won’t stay that way for long. Just long enough to get the US hooked on Chinese oil, which will likely be sourced in Canada and refined in China before being sold to the US.