Canada Oil Tariff 'Massive Loss for US Refining,' Says Energy Aspect's Sen

The video discusses the impact of tariffs on US refining margins, highlighting the challenges posed by tariffs on Canadian and Mexican imports. It explains how the TMX pipeline allows Canada to shift exports to Asia, benefiting Asian refiners and European margins while negatively affecting US refining. The discussion emphasizes the unintended consequences of these tariffs, which contradict the 'America first' policy.

What is the impact of the 10% tariff on US refining costs?

How does the weakening of the Canadian dollar affect tariffs?

What challenges does the Gulf Coast face in replacing imports of Mexican heavies?

In what way has the TMX pipeline changed Canada's export capabilities?

What are the broader implications of the tariffs on US refining and global markets?