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Global News·4 min read·medium

Canada ‘one of the best places in the world’ to buy oil from: U.S. envoy

U
Uday Rana
Canada ‘one of the best places in the world’ to buy oil from: U.S. envoy
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U.S. Ambassador to Canada Pete Hoekstra stated that Canada remains a preferred oil supplier for the U.S., despite recent trade tensions and rhetoric from President Trump. The comments come as the two nations navigate complex trade negotiations and potential new tariffs.

Why it matters

Energy security and trade relations between the U.S. and Canada are critical to the North American economy.

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Canada is “one of the best places in the world” for America to buy oil from, U.S. Ambassador to Canada Pete Hoekstra said on Monday just days before more U.S.-forced labour tariffs are set to hit Canada — on top of sectoral ones now in place for more than a year.

During a panel at the Pacific Northwest Economic Region annual summit, Hoekstra was asked to clarify comments U.S. President Donald Trump has made that the U.S. doesn’t “need” Canadian oil.

“(When) the president says, ‘We don’t need your oil,’ we need oil but we don’t necessarily need it from Canada,” Hoekstra said.

However, he added that Canada was a preferred supplier for the U.S.

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