Stephen Gardner updates on gas and oil prices. Trade partner Canada has offered to supply all the supplement oil and gas needs the United States has and at a cheaper rate. Canada says they can get the US cheaper gas at the pump right away. They have no limit on pumping more oil and gas and would willing sell it to the US for very affordable prices. However, they say their capacity to ship is down because of shut down pipelines. The United States is reviewing their offer but Biden wants to ship the oil via truck or train to avoid the keystone pipeline. However, Canada says it will cut out the price advantage they could give us and isn’t as efficient as re-opening the keystone pipeline. The keystone pipeline would have move 830,000 barrels of oil a day to the gulf to be refined and sold. Canada says the US would have been first in line to buy their cheaper oil.
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Stephen Gardner is a best-selling financial author with 8 books. He is also does financial coaching to show clients how to build wealth and quickly eliminate their debt using his FOCUS method. His most popular book is Taming Wall Street.
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This title used to be Government Shut Down Update | Stimulus By Executive Order Requested | Biden’s $1 Billion Commitment
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