A tale of two crudesThe United States produces mostly lighter crudes yet they preferentially refine heavier crudes. The situation in Canada tends to be otherwise. No one is going to invest a huge amount of money to modify their refining capabilities in todays environment. Ergo , it is free trade which comes to the rescue .
And that free trade is the only viable fix. Otherwise , politicians will once again lead the world into wasting valuable resources on fixing a problem that they will have themselves created.
Meanwhile , the world will increasingly need Canada's crude and Ipco has much more of it at a cheaper cost than anyone else !!
https://boereport.com/2025/01/17/us-heavy-crudes-price-over-lighter-grades-as-russian-sanctions-squeeze-supplies/