TC Energy CEO - Gas
Created Wednesday 20 November 2024
- RTM & Mx: Mx will be a market for US/Canada gas
https://globalnews.ca/news/10878967/tc-energy-natural-gas-donald-trump/
François Poirier made the comments in a phone interview following TC Energy’s investor day presentation in Toronto. He said the former U.S. president’s re-election has been “top of mind” for the company, which has a network of natural gas pipelines in Canada, the U.S. and Mexico.
“He (Trump) is very focused on affordability. He understands the role that energy plays, and energy security, on the international stage,” Poirier said.
“Having the free flow of energy between the three countries in North America is very important. Natural gas and oil want to flow south, generally speaking. And having more supply of oil and gas from Canada will help contribute to lower prices in the U.S.”
Trump has proposed sweeping tariffs on all U.S. imports, but most experts believe Canadian oil and gas would be exempt from such a plan due to the highly integrated nature of the North American energy system. Trump has also been a vocal supporter of oil and gas generally, calling for more domestic drilling and tapping Liberty Energy CEO Chris Wright for secretary of the U.S. Department of Energy.
“Our conversations have been more around expanding access to U.S. markets for natural gas — both for export to international markets as well as into the U.S. markets, particularly in the northwest and the Midwest of the U.S. where Canadian natural gas has important market share.”
Backlinks: Bullet Journal:Daily log:11 Nov:wk 04:US MX energy brief