RE:TRUMP47 PLANS To ADD 150M HEAVY SOUR OIL Barrels To SPRGreat post ztranforms, yeah I noticed that sour oil (containing sulphur) at times fetches a higher price than wti or Brent. They extract the sulphur to make sulphic acid which is used in a number of products like lead-acid batteries, fertilzers, plastics, polymers of all types, resins etc.
So the US wants a reserve of sulphur. Heavy sour at that. Heavy good for diesel, kerosene for aviation, marine. I wouldn't be selling heavy assets in Canada. Not the way Mexico is booming right now with everybody seemingly moving from China to Mexico to manufacture. Soon Canadian manufacturers will be moving there cause of high input costs cause of carbon taxes, unions stuck in an 80s mindset etc. Canada Post on strike for 2 weeks now. Fedex, DHL etc love it. Grab that market share. That's what Mexico's doing. Gonna need lots of diesel to ship now close to $600 billion per year to the US. Cansdian Pacific building a new rail bridge and line from Mexico to US. Wonder what happens to Ontario's msnufacturing base if Trump throws on tarrifs on Canadian manufacturing exports. Is that why Canadian dollar is dropping?