Canadian crude oil set to NOT be excluded from Trump’s planned 25% tariffs. Prices for everything are about to go way up

Me watching America shoot itself in the foot at every turn
- <- When [Iran/China/Russia] shoots itself in the foot
  
  <- When the [U$/EU] shoots itself in the foot
  This is dielectrics.
  Who is making decisions in the US? I don't think a Maoist could do a better job at fucking stuff up than whoever is actually pulling the strings.
- Big Sideshow Bob energy.
  Step 1: Step on rake
  Step 2: Groan
  Step 3: Repeat
- do nothing, win.

Plan? There's no plan.
But they definitely will start drawing down from the strategic reserve in Alaska.

Maybe the plan is to further juice the US oil industry? With the price of Canadian crude up, refineries will prefer to buy from US producers. As long as they jack up their own prices by less than 25% they'll still scoop up Canada's lost customers.
Funny enough I think this will make oil cheaper in Canada?
- I think the shock it would cause immediately in both countries would shoot prices up
  
  Oh they'll shoot up in the US, but I don't see that happening in Canada. They're going to be hit with a drop in demand from US refineries and either be forced to cut prices to overcome the tariff, go to other markets, or overproduce.
- I would be surprised if prices went down significantly, seems like the oil corps operate as an unofficial cartel. There's not much compelling them to cut prices unless there's a huge drop in demand like a second pandemic, or some kind of government intervention (lol). There's still much oil storage capacity left in Alberta.
  
  I'm saying that tariffs might represent a large drop in demand from refineries, because they'll all stop buying from Canada.
- Isn't canadian uniquely heavy oil (good for asphalt and stuff), but not that easy exchangeable for anything else (this side of venezuela as well, i believe, whom they swapped)
- The US is famously the sort of country that takes its massive in-house crude production and adds in different types of petroleum from the rest of the world to create a robust and very lucrative refining industry.
  This seems like just a way to scam the american people at large by charging extra for energy. It's not the sort of measure that increases internal production either because actual crude production in the US has been in a plateau for a long time now. Not because of lack of demand. But because that's just how things are. Oil is not an infinite resource.

Unironically in favor. US gas prices are far lower than they should be, which produces a bunch of knock-on effects like car dependency and demand for car-centric living. Yes, it's going to be painful, but I think it will be worth it if we get good pedestrian/mass transit/urban infrastructure out of it.
- if we get good pedestrian/mass transit/urban infrastructure out of it.
  
  I can dream, okay?
- it will be worth it if we get good pedestrian/mass transit/urban infrastructure
  We won't get anything.
  We'll get expensive gas and still won't be able to ride our bikes to work.
  They hate us.
  
  Generally, yeah, you're probably right. That said, a lot of times these things are directly controlled on a MUCH more local level than you might think. It's well worth your while to start showing up to city council meetings and giving them what for; at worst, it's a fun hobby that's affordable and the cops can't stop you from enjoying. If your experience is like mine, though, it'll put you in contact with other like-minded individuals with whom you can network, organize, and push for change. It's how I ended up on my city's bicycle commission.
  Going even further, a lot of times, local elections are pretty accessible and have much lower barriers to entry. If you have the time and gumption, you could run for local office for a pretty low cost, especially if you've spent some time networking with other local advocates.
- Yeah but knowing the US, if it does result in mass transit, it will likely be privately owned so it somehow costs more, delivers less and takes twice as long.
  
  You know, the one thing you can say for US transit is that it has effectively resisted privatization.
  
  Ironic that the us was the mass transit country in the 19th century.
- if we get good pedestrian/mass transit/urban infrastructure out of it
- Yeah if there's a plan and a mechanism for change. He's just going to pump stock prices for his buddies while convincing his base that we need a 51st state and we'll all be totally fucked when the billionaires finish getting all the money. This is not a case where doing the wrong thing will lead to the right outcome. We're just fucked.
- I was hoping to get back into biking once spring starts rearing its head. ❤️
  
  Same. Gained some weight over the winter since it's too damn cold to bike anywhere!

I'm so glad I got an ebike before Biden's tariffs on batteries and Trump's tariffs on Chinese goods in general come into effect. Like with COVID's supply shock there's no telling what will be impacted by 1/5th of the crude oil supply being interrupted. Everything is downrange of fuel prices and there will be the compounded shock of the other inputs being restricted as well.
- i never did even after we discussed it. too many other things i've been grabbing up before these hit. mostly PC stuff, and my budget is limited
  oh well here we go i guess going to be a wild ride
  
  Turns our walking everywhere for my entire 40 years is gonna pay off in a big way lol

The mad lad is actually gonna do it, isn’t he?

What's the current state of the Strategic Petroleum Reserve?

Really going to collapse the whole ass economy? I'm honestly not confident Trump is going to hold on to power if prices for everything keep going up. 3 meals away from a revolution, something like that.
- I gotta think that capital is going to intervene to stop this. It's just too obviously disruptive to profit making.
  
  yeah but the ten guys that everything is consolidated under will have plenty of lead time to protect their assets and prepare to buy up the smoldering ruins for cheap
  i'm actually starting to belief a collapse is being engineered on purpose because all this artificial "growth" and market inflation isn't actually making real wealth
  so pull the plug, do a post-Soviet doctrine. if shit gets too real who cares they can just leave
  i don't think they've thought much beyond this stage and think civil disruption can be easily dealt with.
  
  Ironically, capitalism may have some self preservation and do a good thing like stopping these wars.

Damn, all of her bootlicking and she couldn't even cut a deal?

She's really aiming for the quisling role in the annexed Canadian state(s) isn't she

Hey Alberta, thanks for all your help on the softwood lumber issue that's made life hell for a lot of Maritimers. We'll be sure to help you out on this just as much.
- I bet we'll have a bunch of folks move back home

It’s the art of the deal baby, Trump makes extreme and outrageous demands and he meets halfway. It really does work
- It's a very effective strategy when your targets are traditional lapdogs of the empire, who don't have the will nor the ability to truly oppose you besides pretending to be independent and not for sale, despite having sold out ages ago.
  
  Western politicians aren't for sale in the same way that your living room furniture isn't.