Goldman Sachs warns Trump's tariffs could drive oil prices higher for consumers in the near term

Goldman Sachs' Samantha Dart predicts brent crude could reach $78 a barrel amid tight inventory and limited alternatives.

[@Phoenix-J81]

They wanted higher prices; layoffs; shortages. They are going to get exactly what they voted for, so no surprise there.

[@Firebirdca]

Samantha you forgot Canada has a pipeline to their west coast now so importing their oil to the world market they are just not fixed on the U.S. as it was before. They now have other means. An Trump can forget about revitalizing the pipelene project from Canada to the south.

[@guardianoffire8814]

Left in Canada can't seem to agree on usage of oil and the Trans Mountain pipeline heading to Canada West coast. Every experts states the sale will not recuperate Canadian taxes spent on the project to build. Then there is the issues that United States will definitely be expanding hydrocarbon operations, driving down oil prices and making the heavy tar sands oil, already exported at a slight loss to the United States refineries be more of burden. Contract prevent the tap from being turned off with Canada companies and govt absorbing the losses.

[@lucmarchand617]

She don't talk about trans- mountain pipelines new pipe running now full blast at vancouver bc terminals lots peoples in us are piss due we got more prices for crude.I push myself with late peter lougheed send oil in coast get better deals.😮

[@Trueye-sl2mr]

Higher prices will mean that Americans consume less and the tariffs increase US government revenues. There is some method to the madness

[@aidenfisher5679]

Not when there's no demand

[@jamessssss6611]

That wasn't trumps promise, though. Cheap everything, unfettered prosperity in the US.

[@ssuwandi3240]

Means a negative sentiment to spend on stuff while on the backdrop of Positive sentiment to invest, to increase the efficiency without reliance on the cheap labor / D E I.
Basically it's the shift in paradigm towards private sectors, enhanced manufacturing and low energy Bessenomics👍

[@Scott-ff2oe]

Drill

[@JebusHypocristosX]

Same thing your mom tells all those men...

[@walleyperch]

And what will that do. Oil companies charge world prices.