Posted on 04/19/2019 3:21:07 PM PDT by caww
Trade with Canada and Mexico supports 11 million U.S. jobs, benefiting every state and every corner of the economy. Under the North American Free Trade Agreement, manufacturing sales supports jobs in 43,000 U.S. manufacturing firms. Canada and Mexico are top markets for American farmers, buying nearly one-third of U.S. agricultural exports.
Now add U.S. energy benefits to the long list of reasons to maintain these critical trade partnerships by approving the U.S.-Mexico-Canada-Agreement.
Canada and Mexico are our best energy customers, ranking as the top purchasers for a host of fuels. Canada is the top market for U.S. exports of crude oil and fuel blending components. Mexico is the top market for U.S. exports of gasoline, fuel oil, and total refined products.
The more accessible energy markets are, the more energy we produce, and that means more jobs and greater energy security. The United States leads the world in natural gas and oil production, producing at record levels and significantly reducing reliance on overseas energy suppliers. Our trading partnerships with Canada and Mexico provide an additional stable source of energy that reinforces the buffer weve built against overseas disruptions.
In addition to being the top market for U.S. crude oil exports, Canada is also our No. 1 source of crude oil imports not Saudi Arabia or some other OPEC competitor. Thats another way the deep integration of North American energy markets supports energy security. In fact, North America could be self-sufficient in liquid fuels as soon as 2020.
(Excerpt) Read more at washingtonexaminer.com ...
Drill Baby, Drill!
Yes!
I am loving it! Winning!
As Canada, Mexico and the USA are really one economic unit in reality we are self sufficient in oil production. In a couple of years we will be net exporters of oil.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.