This article originally appeared at the Daily Caller. Click here to read the full article.
By Ike Brannon
The North American countries may not have any tariff barriers between them but we are far from having a fully integrated North American economy. That’s a pity, because there are major gains to be had from doing so — and nowhere as much as in the energy sector of the economy. What’s changed since the ink became dry on NAFTA is that the U.S. and Canada have become major energy producers. In 2009 the U.S. produced just 5 million barrels of oil a day and Canada 3.3 million barrels.