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OIL AND GAS
Oil-rich Alberta stresses benefits of U.S. trade
by Daniel J. Graeber
Washington (UPI) Apr 20, 2017


With U.S. trade policies a concern, a trade official from oil-rich Alberta said he aims to highlight the mutual benefits during Thursday meetings in New Mexico.

Chris Nielsen, a member of the Canadian legislative assembly, represents Alberta trade and development interests during meetings for the National Council of State Legislatures in New Mexico.

In outlining his itinerary, the provincial government said the leader would emphasize the importance of a collaborative approach to trade policy.

"Alberta and our partners in the United States have a long history of collaboration," he said in a statement. "Working with organizations like NCSL provides opportunities to strengthen trade relationships, and highlight the mutual benefit they provide, while we continue to advocate for Alberta's interests at a national level."

Nielsen's visit to the United States follows a report from analysis group IHS Markit that found regulatory delays for pipeline infrastructure and pledges from U.S. President Donald Trump to review North American trade agreements create uncertainties for the Canadian economy. Executive action taken by Trump aims to drive economic stimulus through domestic priorities.

Canada is the No. 1 oil exporter to the United States and remains relatively landlocked because of limited pipeline capacity extending outside the country. Options may evolve, however, with Trump embracing the Keystone XL oil pipeline that would reach from Alberta to the southern U.S. coast.

Canadian Trade Minister Deron Bilous is on a tour of Asia with Alberta Premier Rachel Notley. On leaving earlier this week, the minister said Asian investors are "hungry" for Alberta products tied to industries like energy and agriculture.

The Canadian government in May issued a public call to weigh in on the possibilities of reaching a free-trade agreement with China. Bilateral trade with China would translate to economic expansion and job growth at home, the government said.

OIL AND GAS
US wants 'strong' Saudi Arabia: Mattis
Riyadh (AFP) April 19, 2017
The United States wants to see a strong Saudi Arabia, Defence Secretary Jim Mattis said during talks Wednesday aimed at reinvigorating the Riyadh-Washington alliance. Mattis, meeting the most powerful figures in the Saudi capital, also hinted that President Donald Trump could visit the kingdom, a longtime US ally which has welcomed Washington's firmer line against common adversary Iran. ... read more

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