Oil Supports Record Exports from Port of Vancouver

Oil Supports Record Exports from Port of Vancouver

March 12, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Canadian trade arteries are largely tied to the U.S., with a dense network of pipelines from Alberta feeding refineries in its southern neighbor. About 60% of the total crude oil, or some 4 million barrels per day (BBL/d), enters the U.S. from Canada.

The potential for a North American trade war, however, could jeopardize cross-border flows. With tariffs and cross-border dependencies in mind, the provincial government of oil-rich Alberta is proposing a joint working group with the federal government, provinces and territories to improve and diversify trade arteries in the nation away from the north-south links.

Other companies featured: ARC Resources Limited, Exxon Mobil Corporation (NYSE:XOM), Cheniere Energy Incorporated (NYSE:LNG) and Pembina Pipeline Corporation (NYSE:PBA)

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