Tillerson, Perry in Trump administration means Canada’s energy sector has friends in high places – by Claudia Cattaneo (Financial Post – December 14, 2016)

http://business.financialpost.com/

Canada’s oil and gas industry would have friends in Washington’s highest places with Rex Tillerson as Secretary of State and Rick Perry as Energy Secretary.

United States President-elect Donald Trump announced Tuesday that Tillerson, who was expected to retire in March as CEO of ExxonMobil Corp., is his choice to head the State Department and praised him as a successful international dealmaker who leads a global operation.

“He will be a forceful and clear-eyed advocate for America’s vital national interests and help reverse years of misguided foreign policies and actions that have weakened America’s security and standing in the world,” Trump said in a statement. “His relationships with leaders all over the world are second to none.”

Meanwhile, Trump has offered the Energy Department’s top job to Perry, the former Republican presidential candidate and former Texas governor. The incoming Trump administration couldn’t have picked better oil advocates.

Both Tillerson and Perry are familiar with the sector, its economic contribution, its efforts to strengthen environmental protection — in contrast to their predecessors, John Kerry and Ernest Moniz, who were more interested in replacing it with green energy. President Obama famously saw the oilsands as “dirty oil.”

For the rest of this article, click here: http://business.financialpost.com/news/energy/tillerson-perry-in-trump-administration-means-canadas-energy-sector-has-friends-in-high-places?__lsa=2493-a180

Comments are closed.