Financial Post | How big shifts in US-Canada oil trade erased the 'geopolitical premium' on oil prices Financial Post Last year, the bilateral trade of energy (including natural gas, oil and power) between the U.S. and Canada was about US$55 billion, with oil being 80 per cent of the total. It's dollar amount dwarfs other industries, but negotiators may need to view ... Oil exports drive Canada's trade surplus with the US |