China Waiting for Trans Mountain Expansion

[Marina Schwarz + 1,576]

Well, well, well, looky here.

https://www.thestar.com/business/2018/11/23/china-awaits-trans-mountain-as-canadian-pipeline-saga-drags-on.html

[jose chalhoub + 388]

Canada has become the next hub for China's attention in the Americas after watching how Venezuela is collapsing, and also Mexico after leftist Lopez Obrador takes power which for sure will give pre eminence to chinese presence over U.S.  companies watching how since now he has been making moves and statements on the dynamics of PEMEX and mexican oil sector under his tenure. I don't think this is a good sign for the U.S. in 2019 and beyond especially for shale oil producers.