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> Canada now exports oil to China instead of the US Lol >90% of our oil exports still go to the US. China could be good to grow our exports but it's not repla
by dismalaf 2mo ago
> Canada now exports oil to China instead of the US
Lol >90% of our oil exports still go to the US. China could be good to grow our exports but it's not replacing the US.
https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2024/market-snapshot-almost-all-canadian-crude-oil-exports-went-to-the-united-states-in-2023.html https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/ma...
- Animats 2mo agoThat's 2023 data, pre-Trump. Now look at the 2005 data.[1] The Trans Mountain Expansion pipeline reached the Vancover area in 2024. That made exporting oil to China in large volume possible, and that's happening. [1] https://www.ualberta.ca/en/china-institute/policy-analysis-scholarship/policy-analysis/2026/canada-china-trade-in-2025.html https://www.ualberta.ca/en/china-institute/policy-analysis-s...
- dismalaf 2mo agoWe sell $170 billion of O&G per year. China rising to $9 billion as per your link means it's still within the range I mentioned (I am aware they increased since that report, but it's small compared to total exports).