Canada could restrict its oil exports to US if Trump trade war escalates

Jonathan Wilkinsonminister of Energy and Natural Resources

When we are talking about non-tariff retaliation, it could be about restricting supply, it could be putting our own export duties on products. It could be energy and minerals, it could be broader than that,

Wilkinson said in an interview with Reuters

Jonathan Wilkinsonminister of Energy and Natural Resources

We will never be able to trust the United States in the same way that we did three months ago,

Jonathan Wilkinson, Canada’s minister of energy and natural resources, told the CBC last week

If we end up subject to significant export tariffs from Canada, or they’re unwilling to send energy, that certainly impacts the reliability of the grid here,

he told Ben

Let's all get in a room and start negotiating that,

Ebel told CNBC's Brian Sullivan in an interview at CERAWeek by S & P Global in Houston

Clearly we're seeing a significant amount of volatility and a tremendous amount of underperformance in some of the smaller and mid-sized exploration and production companies,

Viviano said

Ultimately, we think (tariffs and the trade war are) going to be long-term positive for the Canadian industry, because it will force them to look outside the U.S. and diversify their export markets into Asia,

Viviano said in an interview on the sidelines of the CERAWeek conference

We think that it needs to be consolidated, given how fragmented the industry is, and we think we have a number of poor-performing management teams and boards which are preoccupied with growing production instead of generating shareholder value,

he said

We want to de-escalate the situation,

Jean told reporters at the CERAWeek conference in Houston

Drop your tariffs and let's get back to business."

When pressed on what options there are to de-escalate Jean had a message for Washington

I think that we should have a zero tariff on this critical resource,

she said at the CERAWeek energy conference in Houston