Canada's proposed emissions cap could limit oil production and increase costs for Canadian producers. This could significantly impact U.S. refineries, many of which are specifically equipped to process heavy Canadian crude. A reduction in Canadian heavy crude supply could lead to higher prices, operational challenges, and potential fuel shortages in the U.S.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.