Hypothetically, Raymond James estimates that a 25% tariff, which equates to $15 a barrel on top of the current $62 Western Canadian Select crude price, would add an average of 10 cents a gallon to ...
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
Learn more about whether AutoZone, Inc. or Ross Stores, Inc. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.