Shifting Global Trade Dynamics Toward China in the Oil and Gas Industry Since the inception of Donald Trump’s second term as U.S. President, his administration’s aggressive trade policies, characterized by sweeping tariffs and an isolationist stance, have significantly reshaped global economic relationships. These policies, aimed at addressing perceived trade imbalances and protecting American industries, have […]
How Global Oil and Gas Companies Are Responding to Trump’s Tariffs and U.S. Trade Uncertainty The re-election of Donald Trump and the subsequent escalation of his tariff policies have sent shockwaves through the global oil and gas industry. Trump’s aggressive trade agenda, characterized by sweeping tariffs on imports from major trading partners like Canada, Mexico, […]
Trump’s EU Tariff Threats & the Oil and Gas Industry In May 2025, U.S. President Donald Trump escalated trade tensions with the European Union (EU) by threatening a 50% tariff on EU imports starting June 1, citing stalled trade negotiations and a persistent trade deficit. This follows earlier threats in December 2024, where Trump demanded […]
The Robust State of China’s Oil and Gas Industry China’s oil and gas industry stands as a cornerstone of the nation’s economic might, fueling its rapid industrial growth, urbanization, and global influence. With a strategic blend of domestic production, international trade, and cutting-edge technology, the sector not only meets the country’s voracious energy needs but […]
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 […]
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 […]
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 […]