Canada Could Lose Some of Its Leverage in Its Biggest Market

Ya think 🤔😂 https://t.co/WDHUYwYnLI

— TheLastRefuge (@TheLastRefuge2) August 31, 2026

… starting in just a couple of years, oil pros say, so long as Venezuela can get its oil infrastructure back up and running that was destroyed by communism.

Plus Venezuela’s heavy crude can be easily shipped to Gulf Coast refineries specifically configured to process heavy, sour crude they specifically need. Canada’s problem is that Venezuela can more quickly deliver heavy crude the U.S. Gulf Coast by tanker, while Canada has to move much of its oil thousands of miles by pipeline. If Venezuela can restore production, U.S. refiners could have a new, nearby source of the heavy crude they need—and Canada could lose some of its leverage in its biggest market.