Trump STUNNED as Canada cuts Oil and Triggers Energy Crisis in US! (MUST WATCH)
Автор: Star
Загружено: 2025-03-08
Просмотров: 325
The US tariffs on Canadian fuel imports could hit some parts of the country harder than others.
The Northeast could see that change first, according to experts, and prices are also at risk of rising on the West Coast. But even those potential hikes would be unlikely to be come immediately.
The tariffs put in place Tuesday were 25% for most imports but only 10% for energy products.
While US domestic oil production reached a world record 4.7 billion barrels of oil in 2024, Canada is still a major source of oil for the United States, shipping 1.5 billion barrels of crude oil to the US market last year. Mexico, whose energy exports to the United States also face a 25% tariff, is the second-largest source of oil for the United States, shipping 166 million barrels north of the border. That’s about two-thirds more than the US imports from Saudi Arabia.
Any rise in gasoline prices could add to worries that President Donald Trump’s tariffs will ratchet up inflation for Americans already weary from years of price increases, which he promised during and after his presidential campaign to bring down on his first day in office.
The good news for drivers is that gas prices are relatively low now, an average of $3.11 a gallon nationwide according to AAA, up only one cent from the last several days and down about two cents since Trump took office. That could cushion the impact as gas stations start to bring prices higher. The average price in Massachusetts was unchanged at $3.01 a gallon. Prices were down one cent in both Washington State and California, although both are above $4 a gallon, well above the national average already.
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке: