America Mocked Canadian Oil. Now the Tables Have Turned.

Описание: America spent years mocking Canadian oil. They called it dirty, expensive, and politically toxic. They canceled pipelines, celebrated delays, and assumed the shale revolution made Canada irrelevant. But in 2026, the joke is over. The United States now imports nearly 60% of its crude oil from Canada. That is more than all OPEC countries combined. And while Washington plays political games with Venezuela and threatens tariffs, Canada is quietly building a pathway to Asia. The tables have not just turned. They have flipped completely.

In this deep dive from The Lost Economy, we break down exactly how Canadian oil went from punchline to powerhouse. We look at the failed Keystone XL pipeline, the newly expanded Trans Mountain pipeline, the massive merger wave happening in Calgary, and the political battle between Alberta and British Columbia that could decide the future of North American energy. We also examine the wild cards that could change everything: Donald Trump's threatened tariffs, the captured Venezuelan president Nicolás Maduro, and the billion-dollar bet Canada is making on Asian markets.

If you want to understand why gas prices move the way they do, why your heating bill keeps going up, and how global power shifts affect your wallet, this video is for you.

Sources used in this video:

Canada exports nearly 4 million barrels per day to the US – Natural Resources Canada / Canada Energy Regulator data: https://www.cer-rec.gc.ca/en/data-ana...

Canada accounts for 60% of US crude imports – US Energy Information Administration (EIA): https://www.eia.gov/dnav/pet/pet_move...

Trans Mountain Expansion opening – Trans Mountain Corporation official announcement, May 2024: https://www.transmountain.com/news/20...

TMX capacity expansion through drag reducing agents – Reuters: https://www.reuters.com/business/ener...

Kitsault Energy dual pipeline proposal – Financial Post: https://financialpost.com/commodities...

Danielle Smith comments on Prince Rupert port – Global News: https://globalnews.ca/news/11023456/d...

Federal fast-track approval timeline – Government of Canada Major Projects Office: https://www.canada.ca/en/campaign/maj...

Tanker moratorium adjustments – CBC News: https://www.cbc.ca/news/politics/tank...

Prime Minister Carney's Asian trade agreements – Bloomberg: https://www.bloomberg.com/news/articl...

290% jump in Canadian crude exports to Asia – Statistics Canada: https://www150.statcan.gc.ca/t1/tbl1/...

David Eby refinery comments – Vancouver Sun: https://vancouversun.com/opinion/colu...

South Bow Keystone XL revival proposal – Reuters: https://www.reuters.com/business/ener...

Trump tariff threats on Canadian oil – CNN: https://www.cnn.com/2026/02/15/politi...

UBS analysis on tariff inflation risk – UBS Investment Bank: https://www.ubs.com/global/en/investm...

Nicolás Maduro capture – BBC News: https://www.bbc.com/news/world-latin-...


Connect with The Lost Economy:
Subscribe for more deep dives into the stories that shape your world.
Drop a comment below: Will Canada ever break free from US energy dependence, or are we stuck together forever?

#CanadianOil #EnergyCrisis #OilPrices #Geopolitics #TheLostEconomy #AlbertaOil #PipelinePolitics #USEconomy #Inflation #GasPrices