Elbows Down
Eric Ham is based in Washington, D.C. and is a political analyst for CTV News. He’s a bestselling author and former congressional staffer in the U.S. Congress and writes for CTVNews.ca.
China is now importing record amounts of Canadian oil after slashing U.S. oil purchases by roughly 90 per cent.
As a result, imports of Canadian crude have surged, reaching a record 7.3 million barrels in March. This massive boon comes as Canadian negotiators are racing against the clock to make a trade deal with the White House.
The expanded Trans Mountain Pipeline has enabled China and other East Asian importers to access Canada’s vast crude reserves, which are relatively cheap and suitable for China’s advanced refineries that process dense, high-sulfur crude.
The shift reflects Beijing’s strategic move to diversify its oil sources away from the U.S., Russia, and the Middle East, with Canadian oil becoming an increasingly attractive option.
This whole elbows up shit is about the gayest thing I ever heard.
I guess ‘tits up’ was too much for them …