Now they could achieve a job with Canada that avoids oil and gas tariffs, says the Energy Secretary

Houston – The US could reach an agreement with Canada, which avoids the oil of oil, gas and other energy resources, said Energy Secretary, Chris Wright on Monday.
Wright said such a scenario “is certainly possible”, but “it’s too early to say” in response to the CNBC question during a journalists at Ceraweek by S&P GLOBAL. They are now in a “active dialogue” with Canada and Mexico, said the energy secretary.
President Donald Trump paused by April 2 Customs on Mexican and Canadian imports that are in accordance with the agreement which manages the trade in North America. Trump originally imposed a wide 25% of tariffs on goods from both countries as well as Less 10% of tariffs about the import of energy from Canada.
It is unclear, however, how much oil, gas and other energy that is now imported from Canada in accordance with the Agreement of the United States-Mexico-Kanada. Wright refused to provide specifics when CNBC asked how much of these imports he was aligned with USMac.
“For now, I’ll avoid details,” Wright said. Energy Secretary said, “We can’t get to a tariff or very low tariff, but it must be reciprocal” in an interview with CNBC Brian Sullivan.
The Canadian Energy Minister Jonathan Wilkinson warned last week that energy prices will increase to the US if they fully do the energy imports.
“We will see higher gasoline prices as energy function, higher electricity prices from hydroelectricity from Canada, higher heating prices in the house associated with natural gas coming from Canada and higher car prices,” Wilkinson told CNBC Megan Cassella in an interview.
The US has been the largest producer of raw oil and natural gas in the world for years. But many raffin in the United States depends on heavy oil -imported oils from Canada. In December, an average of 6.6 million barrels of raw oil, of which more than 60% came from Canada, introduced on average in December Energy Information Directorate.
Wright acknowledged that tariffs create uncertainty in energy markets as negotiations continue.
“We are in the middle of the negotiations on where things will go with the tariffs, so it is currently scary and caught, but this time it will pass,” Wright said. “The contracts will be concluded, we will get safety and we will have a positive economic environment for Americans who go ahead.”
The US raw oil fell more than 1% on Monday to close at $ 66.03 per barrel, while Global Benchmark Brent closed at $ 69.28 per barrel. Futures raw oils have withdrawn significantly because Trump’s trade policy creates uncertainty, and OPEC+ has confirmed that he plans to gradually return 2.2 million barrels daily production early next month.