Trump’s Tariffs on Canada Could Make US Power Bills Even Pricier
By US is a net importer of electricity from Canada Northeast US could be hardest hit by energy tariffs on Canada US grid operators are unclear if tariffs apply to…
Congress Address Summary – Trump Hails Tariffs as US Economy Barrels Into Trade Wars
Summary by Bloomberg AI Trump’s speech focused on issues like transgender rights, migrant crime, and diversity, equity, and inclusion, with relatively little discussion of consumer…
Trump Touts Plans to Spur Mammoth Alaska Gas Export Project
President Donald Trump touted his administration’s work on a “gigantic natural gas pipeline in Alaska” during his joint address to Congress. Summary by Bloomberg AI The project, which has been…
Phillips 66 Pushes Back Against Activist Elliott in Board Fight
Mark Lashier Photographer: Callaghan O’Hare/Bloomberg Phillips 66 is fighting back against activist investor Elliott Investment Management in a letter to shareholders Wednesday. In the letter, which was reviewed by Bloomberg News, the energy…
Lutnick Touts ‘Fair’ Trump Brokering Tariff Mercy for Canada, Mexico
Bloomberg News US Commerce Secretary Howard Lutnick is signaling there might be some relief from tariffs for Mexico and Canada sooner rather than later. Maybe even today. After two straight…
Enbridge Earmarks $2 Billion Till 2028 for Mainline Network Upgrade
(Reuters) – Canadian midstream company Enbridge said on Tuesday that it plans to invest $2.5 billion in its liquids and natural gas systems, with $2 billion allocated to its Mainline…
Oil Drops for Third Day on OPEC+ Output Increase, Trump Tariffs
Summary • Brent down 1.4%, WTI declines 1.9%• Brent hovers around $70/bbl after six-month low in previous session• US tariffs escalate trade tensions• Canada, China retaliate against Trump tariffs• OPEC+…
Trump Exposes OPEC’s Diminished Market Power
Events over the last 24 hours suggest power in the oil market has shifted to Washington from Riyadh – in part because of U.S. President Donald Trump and in part…
Canadian PM Trudeau Tells Trump That Tariffs Are ‘Very Dumb,’ Says Canada Striking Back
Trudeau, speaking hours after Trump launched a trade war against Mexico and Canada, said Canada was imposing immediate 25% tariffs on C$30 billion worth of U.S. imports and if need…
Responding to Trump’s Tariff War: Ontario Premier to Impose 25% Tariff on Power to Three U.S. States Affecting 1.5 Million Homes
Affects 1.5 million homes in Minnesota, Michigan and New York Ontario Premier Doug Ford fires back at United States President Donald Trump after tariffs were levied against Canada. Photo by Jack…
