Looks like the US has forgotten about Canadian oil, eh?
Alberta Premier Jason Kenney recently made the rounds in Washington, talking to lawmakers and State Department officials about the role Canada, and specifically Alberta’s oil sands, can play in ensuring North American energy security and easing American drivers’ pain at the pump. And his frustration with the lack of proactive outreach by the Biden administration to Alberta, which accounts for over 60% of US oil and gas imports, was clear.
Kenney joined senior editor Jasmin Melvin on the podcast to share his concerns and hopes for future collaboration between the US and Canada. He discussed Alberta’s ability to increase its crude exports to the US as well as federal policies in Canada and the US that he worries will inhibit resource development.
Stick around after the interview for Jordan Blum with the Market Minute, a look at near-term oil market drivers.
This podcast was produced by Jasmin Melvin in Washington and Jennifer Pedrick in Houston.