More eyes on presidential frontrunners as oil producers look for market access

(Left) Democratic presidential candidate Hillary Clinton speaks at a campaign rally in Norfolk, Va., on Feb. 29, 2016. THE ASSOCIATED PRESS/Gerald Herbert. (Right) Republican presidential candidate, businessman Donald Trump speaks to supporters during a primary night rally on Feb. 9, 2016, in Manchester, N.H. THE ASSOCIATED PRESS/David Goldman. More eyes on presidential frontrunners as oil producers look for market access What does the outcome of Super Tuesday stateside mean for Canadian oil producers?The founder of Auspice Calgary says the good thing that came out of Tuesday’s vote south of the border is it now appears there are two clear cut frontrunners in Democratic candidate Hillary Clinton and Republican candidate Donald Trump.Tim Pickering said having some clarity about who will likely be on the ballot in November will help some of the uncertainty in the industry.“Clinton gets the importance of Canadian oil but plays it completely politically,” he said. “Same as Obama, calls it dirty oil, uses the climate, the environmental card, which is not helpful at all to our situation.”“We’re not sure if ‘The Donald’ gets it in terms of Canadia oil, but he’s likely easier to reach as far as the facts.”Pickering added we can’t wait for them to decide our industry’s future.“Even if it does go south with Keystone XL, this needs to be used as a wake up call for Canadian leaders,” he said. “It needs to go east, it needs to go north, it needs to go to the far east and now that it’s investable as an ETF, anyone can access in it financially, which improves the financial market access part of it.”Pickering said no matter what the outcome, the U.S. still needs Canadian oil and it’s imperative political leaders in this country stand up for the industry and find ways to address market access issues. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Posted Mar 2, 2016 12:34 pm MDT read more