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Oil

Tax reform plan could upend US oil trade flows

Crude Oil | Governments

Midterm elections could have consequences for US oil policy

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Oil

Kansas City Southern fuel carloads to Mexico rise 164% on year: company

Watch: Tax reform plan could upend US oil trade flows

US House Republicans' tax reform plan including a border adjustment taxing imports could shift WTI crude oil prices and force refiners to pass higher costs onto drivers. Janet McGurty and Meghan Gordon, senior oil writers, talk with James Bambino, managing editor of Oilgram Price Report, to explain the border adjustment proposal and its potential impacts on upstream and downstream oil markets.

Related blog post on The Barrel: GOP tax reform and what’s at stake for the oil industry

Related story: US oil imports remain key to Republicans' $1 trillion border tax plan

Related: Find more content about Trump's administration in our news and analysis feature.