| ▲ | oofbey 3 hours ago | |
Oil is a global commodity. Its price is set across all supply sources. Restricting its movement from Canada to the US doesn’t actually change the price much at all. It just makes the supply more vulnerable to disruption. That dirty shale oil only comes out of the ground when prices are really high. Otherwise it’s not worth it. If prices are high it will come out of the ground and get burned. The only question is where and who has access to it. | ||