Friday, 7 February 2025

Focus on American Fuel and Petrochemical Manufacturers

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus Mordant//File Photo
EconomyFuelNatural GasNewsOilPoliticsTrade

Trump’s proposed tariffs on Canada would drive up pump prices, analysts warn

Trump said he would impose a 25% tariff on all imports from Canada and Mexico.

FILE PHOTO: U.S. President-elect Donald Trump speaks as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. REUTERS/Brian Snyder/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Trump plans no exemption for oil imports under new tariff plan, sources say

Trump's 25 per cent tariffs on Canadian and Mexican imports will include oil, despite concerns over energy price spikes.

FILE PHOTO: Pumpjacks and oil wells are seen at the Inglewood Oil Field in Culver City, the largest urban oil field in the United States, in California, U.S., March 10, 2022. Picture taken March 10, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
BusinessEconomyLegislationNatural GasNewsOilPoliticsRegulationsTrade

US energy lobbying groups wary about Trump tariffs threat

U.S. oil and gas groups express concern over Trump's tariff threat on Canada and Mexico, warning of potential industry impacts.

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