why does Canada export so much oil to the US but also still import some oil from us?

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Wouldn’t it make most economic sense to just sell to our own countries in that case if there’s some standardized barrel price?

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Anonymous 0 Comments

Other people have pointed out that there are many different kinds of “oil” products depending on how its refined and what not.

But also, some of it is just basic economy, it makes sense that it is cheaper to buy gas of of a tanker in nova scotia that is coming from east coast refineries (sea shipping is the cheapest form of transport) than oil that has to get transported across the middle of canada.

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