Canada just lost its oil leverage over the United States.

Canada’s leverage just evaporated the moment U.S. refiners got another source of heavy crude they can bully.

CANADA JUST LOST ITS BIGGEST TRADE LEVERAGE

For years, the USA needed Canadian oil ..especially heavy crude from Alberta.

That was Canada’s edge.

Now?

🇻🇪 Venezuelan heavy oil is back.

• ~1M bpd flowing to the U.S.
• Not going to China anymore
• Can scale to 2M bpd as U.S. firms rebuild infrastructure

Meanwhile 🇨🇦 oil is:
• Landlocked
• Hard to export to Asia
• Dependent on one buyer

When your customer gets options, pricing power disappears.

Trade leverage isn’t about agreements.

It’s about necessity ..and Canada just lost it.🤔

🇨🇦🚨Canada had two decades to lock in energy integration with the U.S.—its closest ally—through projects like Keystone.

Instead, it chose virtue signaling over national interest, punished domestic producers, and normalized ~65% effective tax burdens.

Now the U.S. will source…

— wealthmoose (@wealthmoose) January 4, 2026