Bloomberg and The Washington Post both reported that military mines deployed in the Persian Gulf could take up to six months to clear. If so, the world’s oil availability will be reduced significantly, and the price of oil will increase.
Canada will be besieged for its large oil resources. Hopefully, the U.S. has a long-term, ironclad oil purchase contract with Canada, because Canada is quite unhappy with Trump’s interference with their economy and his insults. The U.S. currently takes in 64 percent of Canada’s exports of heavy crude oil. Canada currently ships approximately 4.1 to 4.4 million barrels of crude oil per day to the United States because the U.S. does not produce heavy crude.
Last year, Canada completed an oil pipeline to its West Coast. Now it can export oil to Asia. 
If the Canadian oil trade agreement with the U.S. is nullified, Canada will have opportunities to sell its crude oil at higher prices to other nations, leaving the U.S. without a secure oil supply. Presently, Canada exports heavy crude oil through pipelines that go south across the U.S.-Canada border to various locations in the U.S. 
The U.S. should accelerate its plans for self-sufficiency with renewable energy sources such as wind, solar, water, and nuclear, despite Trump’s opposition because they are “ugly.”
Solar and wind costs have declined 90 percent since 2010, according to The Economist. Larger and more efficient batteries have increased in size to fills gaps when solar and wind are unavailable.
Gerry Snyder
Ely/Simsbury, Conn.