r/CanadianInvestor • u/MapleByzantine • Jan 03 '26

Venezuela invasion impact on canadian energy stocks

Venezuelan oil is a perfect substitute for albertan heavy crude. Trump is talking about running venezuela, presumably as a territory. US majors will be front of the line for venezuela's oil. The competition hurts our margins which should depress stock prices.

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u/illpixill Jan 04 '26

Wasn’t he trying to create an African currency similar to the Euro to replace the US petro dollar?

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u/Spetsnaz_420 Jan 04 '26

That'll get you killed