Gas prices set to rise as Trump tariffs hit Canadian and Mexican oil
Gas prices set to rise as Trump tariffs hit Canadian and Mexican oil
The U.S. imports 4 million barrels per day of Canadian oil, 70% of which is processed by refiners in the Midwest. It also imports over 450,000 bpd of Mexican oil.
Summary
Gas prices in the U.S. are expected to rise after Trump imposed tariffs on Canadian and Mexican oil imports, aiming to curb illegal immigration and drug trafficking.
Canada’s oil faces a 10% duty, while Mexico’s is hit with 25%.
Midwest refiners, heavily reliant on Canadian oil, may face supply disruptions, while Gulf Coast refiners will need alternative sources for Mexican crude.
Fuel wholesalers warn that higher costs will be passed to consumers, affecting drivers nationwide, particularly in the East Coast and Midwest.
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If you need to siphon gas out of a modern car, you will need a small diameter semi-rigid tube. You will need to work this tube past the check valve in the filler tube. Make sure your tube is long enough to reach the bottom of the tank you're siphoning from, and then long enough to reach the container on the ground you're siphoning into. A little one-way squeeze pump will help, but manual suction works in a pinch.
Of course, if you're not concerned about the vehicle you're siphoning from, you can punch a hole in the bottom of the gas tank and collect it that way, although you're likely to waste fuel to spillage and not having enough containers to cart it all away.
I don't know if screwing over my neighbors is the way to go here... Although if it's someone I know is a Nazi, maybe this approach has its merits.
Now you’re cooking with gas.
Are you recommending stealing gas from other people's cars?
I recommended no such thing.