The US buys Canadian oil because it's less expensive than the cost associated with US extracting their own.
So, yes, you 'can' meet your own requirements but, it will lead to higher fuel prices. Also, US energy companies will NOT pump oil at a loss. As production increases, the price per barrel decreases.
There are 40 million Canadians who, on average, spend approximately $4,500 / year on US imports.
There are 340 million Americans who, on average, spend approximately $633 / year on Canadian imports.
Canada is currently diversifying its trade partnerships, which will diminish the likelihood of such occurrences in the future.
The Canadian government is moving quickly to limit economic harm. We have a trade relationship taking shape with China and have already entered into negotiations with Japan to provide them with LNG. Our energy sales to the US were heavily discounted due to proximity and the US appetite. Trumputin needs to be mindful of the fact Canada is actively diversifying our economic partnerships. He is going to send the US into a financial tailspin. He’s “THAT” stupid.
Ultimately: MAGA - Make America Go Away.
@DineshDSouza You’re an idiot. You need to be the subject of a focus group. Individual counseling will not help you. Your orbit of blind stupidity is too entrenched.
@VKostirenk12747 Keep your head on a swivel, be safe, be accurate, and make them regret setting foot on glorious Ukraine.
Glory to Ukraine
Glory to Heroes
Повертайся живим і здоровим!