Trump’s Tariff Announcement on Venezuelan Oil Buyers – Implications for Global Trade and American Consumers On March 24, 2025, President Donald Trump took to his Truth Social platform to announce a bold new trade policy: a 25% tariff on all imports from any country purchasing oil or gas from Venezuela, effective April 2, 2025. In […]
U.S. Trade Actions and Their Ripple Effects The global oil and gas trade is entering a period of unprecedented flux, driven in large part by U.S. trade policies under the Trump administration as of March 18, 2025. With the reimposition of tariffs and a renewed emphasis on “America First” economic strategies, the U.S. energy sector—long […]
The AI Energy Boom: How Growing Demand is Reshaping the Energy Landscape The rise of artificial intelligence (AI) is transforming industries, economies, and daily life at an unprecedented pace. From public-facing systems like chatbots and virtual assistants to proprietary corporate tools and classified military applications, AI’s computational appetite is driving a surge in energy demand […]
Mark Carney’s Carbon Tax Repeal is a Game Changer for Canada’s Oil and Gas Industry On March 14, 2025, Canada’s newly sworn-in Prime Minister, Mark Carney, made a bold move that sent shockwaves through the nation’s economic and environmental landscape: he signed an order to eliminate the federal consumer carbon tax, effective April 1, 2025. […]
Trump’s Push to Revive the Constitution Pipeline: A Game Changer for Northeast Energy Costs? On March 13, 2025, former President Donald Trump took to social media to spotlight a long-stalled energy infrastructure project that he believes could dramatically lower energy costs for families in New York, Connecticut, and New England. His post reignited a contentious […]
Trump’s Dual Push for Energy Independence and Steel Tariffs: A Complex Balancing Act As of March 12, 2025, President Donald Trump has reasserted his vision for American energy independence and dominance, emphasizing the expansion of oil and gas infrastructure to solidify the United States’ position as a global energy leader. Central to this agenda is […]
Can the U.S. Cut Ties with Canadian Crude? In recent months, President Donald Trump has expressed a desire to eliminate U.S. imports of crude oil from Canada, asserting that the United States no longer needs Canadian oil to meet its energy demands. This stance was underscored by his initial proposal in late 2024 to impose […]
Global Energy Trade Dynamics: The Evolving Landscape of Oil Exports and Imports The Changing Face of Global Oil Trade The global energy trade landscape is undergoing a significant transformation driven by geopolitical realignments, shifting demand patterns, and advancements in energy technology. Traditional powerhouses in oil exports and imports are facing challenges from emerging players that […]
Trump Establishes National Energy Dominance Council: What It Means for the Oil and Gas Industry In a move emblematic of his administration’s priorities, President Donald J. Trump has established the National Energy Dominance Council (NEDC) through an executive order. This initiative aims to bolster U.S. energy production, particularly in the oil and gas sectors, under […]
Economic Uncertainty and Anti-American Sentiment in Canada Canada has long been tethered to the United States through deep-rooted trade relations, especially in the oil and gas sector. This dependency has often left Canada vulnerable to U.S. policy shifts. In early February 2025, President Donald Trump announced a 25% tariff on most Canadian imports and a […]