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CNBC reports that energy trade among the US, Canada and Mexico remains deeply integrated, with oil, refined fuels and natural gas flowing daily across borders. The topic is being discussed at CERAWeek amid uncertainty over the NAFTA renegotiation and proposed border taxes.
Any disruption to cross-border energy flows under NAFTA changes could move regional energy prices, but no outcome has been decided.
After 102 past trade events, Natural Gas moved a median +1.1% over 5 sessions (57% higher; middle half -4.4% to +9.6%), and +4.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.