What a Venezuelan Oil Comeback Could Mean for Canada

What a Venezuelan Oil Comeback Could Mean for Canada
A striking oil worker waves a Venezuelan flag at the oil tanker Pilin Leon, anchored in Maracaibo Lake in western Venezuela, in support of a general nationwide strike on Dec. 6, 2002. Ana Maria Otero/AP Photo
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News Analysis

With the recent change in leadership in Venezuela and the prospect of a revitalization of oil projects in the country, there’s speculation about what this could mean for Canada’s oil industry if its largest customer, the United States, can get cheaper crude oil from Venezuela in the years to come.