What the Venezuelan attack means for Canadian oil
U.S. President Donald Trump was clear on Saturday when he announced his administration’s plans for the future of Venezuela: “We’re going to have our very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country,” he told the world.
But how feasible is that? How quickly could it happen? And even if U.S. oil companies do return to Venezuela and increase their exports, what will that mean for Canada at a time when our oil industry is trying to…
The skinny
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