Kristen Schwab
๐ค SpeakerAppearances Over Time
Podcast Appearances
It comes down to price.
But Canada can sell to other countries.
Ryan Kellogg is with the University of Chicago.
This is sort of yet another reason to think hard about diversifying their market and try to find markets that are not the U.S.
And since Canadian oil is landlocked in Alberta, that requires building more infrastructure.
Rory Johnston is an analyst with Commodity Context in Canada.
is going towards expanding pipeline capacity to the west coast of Canada through British Columbia.
So those barrels can get directly to Asia from Canadian shores.
One big potential buyer?
If all of a sudden China is getting less Venezuelan barrels, that just increases their demand for Canadian barrels.
And I think we've already seen reports that we've seen increased bids from Chinese buyers for Canadian heavy crude at the west coast.
Johnston says the recent geopolitical move with Venezuela underscores to Canada that the U.S.
is a less reliable partner than it once was.
I'm Elizabeth Troval for Marketplace.
24-year-old Bella graduated from the College of Charleston last spring with a degree in psychology.
By the time she finished school, she knew she didn't want to be a psychologist.
So she started looking for any job.
Yeah, sales, receptionist, food and beverage, anything.
Bella's been applying for positions since August.