January Inflation

Canada needs to continue the export otherwise, they would be heavily in the red, employment and $.

As for, "addiction" some perspective:

For Canada's 40 million people, they used 2.4 million barrels per day. 869 million barrels a year / 40 million = 22 per person.
U.S. uses 18.5 million barrels per day (-1.5 biofuel). 6.75 billion barrels a year / 340 million = 19.9 per person.

"Addiction" is a misnomer.

Also, take into account, U.S. exports approx 365 million barrels of oil to Canada, totalling approx 1 million barrels a day. That is more than a third (closer to 1/2) of the total oil used in Canada.

There is a serious deficit vs surplus between the two countries, when $130B -$24.5B is "swapped", for lack of better words.

"U.S. goods imports from Canada in 2024 totaled $412.7 billion, down 1.4 percent ($5.9 billion) from 2023. The U.S. goods trade deficit with Canada was $63.3 billion in 2024, a 1.4 percent decrease ($926.9 million) over 2023."
*Edited last paragraph: calculation error. Corrected by sharing the U.S. Trade statistics for 2024. Same as mentioned in my post above, respectively.
Canada can export to a different country, maybe China. Let’s try that strategy out! Trade surplus for the US!

IMG_2556.jpeg

US is the world’s largest consumer of oil. We have an oil addiction.
 
US is the world’s largest consumer of oil. We have an oil addiction.
For Canada's 40 million people, they used 2.4 million barrels per day. 869 million barrels a year / 40 million = 22 per person.
U.S. uses 18.5 million barrels per day (-1.5 biofuel). 6.75 billion barrels a year / 340 million = 19.9 per person.

You're disputing the #'s shared between Canada and the U.S., per capita, I see. You're saying the numbers do not calculate correctly. Reasonable assessment to identify would be per capita between Canada and the U.S.

You used "Statistica"... So I'll play with your lead.

Oil consumption in Canada 2004-2023​

Published by Statista Research Department, Jul 15, 2024
Oil consumption in Canada reached roughly 2.4 million barrels per day in 2023, an increase of 1.7 percent when compared to the previous year.

Oil consumption in the U.S. 1998-2023​

Published by Statista Research Department, Oct 14, 2024
In 2023, the United States consumed nearly 19 million barrels of oil daily. In comparison to the previous year, figures increased by around 0.6 percent.

1745455632156.png

1745455665088.png

United States "nearly" 19M x 365 days = 6.9B / 340 million people = 20 barrels per person.

Canada: "roughly" 2.4M x 365 days = 876M / 40 million people = 21.9 barrels per person.
 
You're disputing the #'s shared between Canada and the U.S., per capita, I see. You're saying the numbers do not calculate correctly. Reasonable assessment to identify would be per capita between Canada and the U.S.

You used "Statistica"... So I'll play with your lead.

Oil consumption in Canada 2004-2023​

Published by Statista Research Department, Jul 15, 2024
Oil consumption in Canada reached roughly 2.4 million barrels per day in 2023, an increase of 1.7 percent when compared to the previous year.

Oil consumption in the U.S. 1998-2023​

Published by Statista Research Department, Oct 14, 2024
In 2023, the United States consumed nearly 19 million barrels of oil daily. In comparison to the previous year, figures increased by around 0.6 percent.

View attachment 369541

View attachment 369542

United States "nearly" 19M x 365 days = 6.9B / 340 million people = 20 barrels per person.

Canada: "roughly" 2.4M x 365 days = 876M / 40 million people = 21.9 barrels per person.
Sigh. Who cares? Wasted brain space trying to prove an irrelevant point.

The US is the worlds largest user of oil.

The US has a trade deficit with Canada because of the oil the U.S. imports. Oil the U.S. wants. If the oil is eliminated from the export/import calculations, the U.S. has a trade surplus. The US’s hunger for oil is causing the trade deficit issue.
 
You're the one that brought it up, apparently you cared until you determined it, "Irrelevant" when it does not fit the common understanding of matching apples with apples. Per capita. Got it.

Sounds better to say America is addicted to oil. Fits an agenda.

Sigh.
 
The US has a trade deficit with Canada because of the oil the U.S. imports. Oil the U.S. wants. If the oil is eliminated from the export/import calculations, the U.S. has a trade surplus.
When a hunt talk member excludes Canada's MAIN export to the U.S., the calculations of U.S. / Canadian surplus and deficit will change.

Reality, Canada nor America excludes oil as an export.

1745462161389.png
 
When a hunt talk member excludes Canada's MAIN export to the U.S., the calculations of U.S. / Canadian surplus and deficit will change.

Reality, Canada nor America excludes oil as an export.

View attachment 369557
You completely miss the point.

The trade deficit is “evil” and we need to “negotiate” to have a trade surplus ignoring the fact the United States needs to import products - especially oil based on the complexity of the U.S.’s oil market. We’re creating our own deficits and then get mad about it.

You want a trade surplus with Canada? Stop buying oil. Oh wait - the U.S, needs oil. Let’s forget that the US exports more products to Canada than it imports beside the oil we want. Let’s complain about the small dairy market. 🤡

Treating Canada the way Trump has is an embarrassment to the country.
 
Treating Canada the way Trump has is an embarrassment to the country.
Hah! You completely skipped my comments... surprisingly we mostly agree about this admin's activity related to Canada, I'll save you the hassle reading back, x pages...
I'm not a fan of this admin's action towards Canada. That's a period - end of sentence. This could have and should have been managed as neighboring partners at the negotiating table.

IMO/E, We hold a valuable relation with our northern "family". We have the longest border of ANY two countries in the world. We get along and Canada has always stepped in with boots on the ground when we, the U.S., decided to stick our pecker in other country affairs in the name of National Security, including mineral securities (oil), etc.
We owe each other mutual respect, the dignity to manage our reciprocal trade differences at the negotiating table

Next subject you are clearly not aware:

Canada / U.S. exports to each other:
Primarily, U.S. exports sweet crude whereas Canada exports sour crude. U.S. accepts the sour crude as we have refineries that use the cheaper sour crude and refinaries already in place to reduce the sulfer content.

Canada values U.S. export of sweet crude as they need it. Sweet holds value for gas, diesel, and aviation fuel that their primary sour is unable to accomplish w/o extreme refining that U.S. already has functioning, etc.

Not only that, though the jobs their export of sour crude to U.S. is significant.
 
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