The US depends on the oil in Canada, despite the Commission of Trump, said Cenovus Ceo
The US rely on the Increased fat invasion, despite comments about the versatile Donald Trump, the CEOVUS Energy CEO has told the world power conference on Calgary on Tuesday.
Trump is also threatening, prices await repeatedly in Canada oil, where about 4 million barrels a day is sent to the United States. Canada is a fourth oil producer in the world, and the fifth gas producer.
Trump once said that US does not need to import goods, including oil and gas, from Canada.
Prime Minister Bark Carney, winning a small government in April in the waves of the anti-Trump, said the old national and US relationship based on the continuous economic integration is over.
Jon Mckenzie, referring to the Cenovus oil company and the Canadian Association of Petroleum Industry Manufacturers Group, the international disposition of the two nations have shown the need for Canada to break up their needs.
But he said that it doesn’t have to do not go out in fact two international systems of energy that is incomparable power.
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“What has not changed Energy Economics and Energy Physics,” McKenzie said. “The fact that we are strong in the US system.”
Canada depends on us analyzed to buy most of its oils, while closing the US remioneries in Midwest prepared to process the cruts distance process.
McKenzie said the Canada had the opportunity to magnify its oil results, and add a new world government to see Canada and the US and seek to improve the relationship.
“We need to make sure that we do not act as threatened, and act wisely in our long-term witchcraft,” he said.
As part of its response in the US tax accident, Carney has promised to identify and follow the following National Benefit projects to help Canada Commercial Normal Energy.
McKenzie said the oil and gas sector did not want the federal government to select the winners and lost the projects that determine the projects immediately followed immediately.
He said the industry is seeking to see a comprehensive management that will remove investment barriers in oil and gas sheet.
