Canada's Oil Just Got 80% More Expensive — U.S. Refineries Have Nowhere Else to Go!

*Canada's Oil Boom Leaves the U.S. Paying More | Here's Why* Canada has transformed its energy industry by opening new export routes to global markets, giving international buyers direct access to Canadian crude for the first time at a much larger scale. As demand from Asia grows and global energy markets continue to shift, American refiners are facing stronger competition for the Canadian oil they once purchased at steep discounts. In this video, we explain how the Trans Mountain Expansion (TMX) changed Canada's oil exports, why the price gap between Western Canadian Select and West Texas Intermediate has narrowed, and what rising demand from Asia means for North American energy markets. We also examine how global supply disruptions, new pipeline capacity, and changing trade patterns are strengthening Canada's position as a major international energy supplier. #Canada #Oil #TMX #Energy #economy Source: IEEFA on Iran conflict + Canadian oil: https://ieefa.org/resources/potential... Globe and Mail / MEI on TMX price gap: https://globalnews.ca/news/11747421/t... East Daley on TMX open season + Asia flows: https://eastdaley.com/daley-note/tran... OilPrice on Alberta's new pipeline: https://oilprice.com/Energy/Energy-Ge... Asia Pacific Foundation on TMX + China: https://www.asiapacific.ca/publicatio... https://www.reuters.com/business/ener... https://www.reuters.com/business/ener... https://www.reuters.com/business/tran... —————————————————————————————————————————— 🔔 Don’t forget to Like, Share, and Hit that Subscribe button for more exciting updates. Also Connect with us on: Website: https://www.theglobalshift.org/ Twitter: https://x.com/Globalshif/ —————————————————————————————————————————— 📢 COPYRIGHT DISCLAIMER Some of the material featured in this video is not fully owned by TheGlobalshift. All original content remains the property of its respective creators, who deserve full recognition and appreciation. Certain clips are used under Section 107 of the Copyright Act (1976), which permits fair use for purposes such as commentary, criticism, news reporting, education, scholarship, and research. If you are a copyright holder and have any concerns about the use of your material, please let us know in the comments below. ⬇ We will address your request promptly. Thank you! ✅