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Trump’s 10% tariff on Canadian crude could raise US gasoline prices by 15¢/gallon.

(Feb 11, 2025)
Trump’s 10% tariff on Canadian crude could raise US gasoline prices by 15¢/gallon, w/ 60% of US crude from Canada. Midwest refiners especially vulnerable, facing high costs and few alternatives; Canadian producers may redirect exports, passing the burden onto consumers.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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