If you’re following the national news on tariffs, make sure you’ve got a copy of the short explainer we published on North American energy tariffs and blog series on the topic.  

Blog 1: What’s the harm with imposing tariffs on North American energy?

Blog 2: How much oil does the United States import (and why)?

Blog 3: What’s the difference between heavy and light crude oils? And why do American refineries need both?

Happy Friday!

-Charlie and the AFPM EMPOWER team

In the news

Trump Aides Hunt for 11th-Hour Deal to Dial Back Canada-Mexico Tariffs - The Wall Street Journal

President Trump’s advisers are considering several offramps to avoid enacting the universal tariffs on Mexico and Canada he had pledged, according to people familiar with the matter, even as the White House reiterated Friday that the tariffs are coming.

Why The U.S. Cannot Use Its Own Oil - Seeking Alpha

There's a notable paradox for a country that has become a dominant energy superpower, where despite producing more oil than it consumes, it remains the second-largest importer in the world after China.

Trump tariff threats on Canadian oil could impact three US regions, gas analyst says - FOX News

Americans in the Midwest, Rockies and Great Lakes regions may want to brace for gas price hikes if the U.S. places tariffs on Canadian oil, energy expert Patrick De Haan warned Thursday.

US moves to repeal Biden administration vehicle fuel economy standards - Reuters

New U.S. Transportation Secretary Sean Duffy signed an order on Tuesday directing U.S. regulators to rescind landmark fuel economy standards issued under President Joe Biden that aimed to drastically reduce fuel use for cars and trucks.