Skip to comments.Canada to become next OPEC
Posted on 01/31/2008 10:16:35 PM PST by jdm
The United States' oil dependence on Canada, already America's largest supplier, is about to grow under a plan to build a new pipeline to transport oil from the tar sands of Alberta into the central part of the nation.
TransCanada Corporation, a public company traded on the New York Stock Exchange, has announced the TransCanada Keystone Pipeline has been given a final Environmental Impact Statement approval from the U.S. Department of State because of the limited adverse environmental impacts that are expected.
The approval is the result of nearly two years of analysis of the project proposal by more than a dozen U.S. federal agencies and other interested stakeholders.
Now that the EIS is finished, TransCanada expects to receive authorization soon to begin the construction and operation of the pipeline at the U.S./Canada border crossing.
The pipeline, planned for 2,148 miles, will bring oil from Hardisty, Alberta, Canada, to U.S. markets in Illinois and the Midwest, with an extension down to Cushing, Okla.
Just last week ConocoPhillips and TransCanada announced ConocoPhillips had acquired a 50 percent ownership interest in the Keystone Pipeline.
(Excerpt) Read more at wnd.com ...
It is not dependence. Contrary to this ‘special relationship’ garbage about the UK, the closest relative America has in the world is Canada.
So the little brother made good and got a decent job. Great, now he can pay us back for all the people we had to beat up in High School to protect his wimpy ass.
That’s the situation here. That’s our relationship.
I hope they can develop an oil shale process that’s marketable.
Maybe referring to the fact that it is a lot more expensive to remove and process this oil than, say from a hole in the ground in Saudi. So it’s only a viable supply as long as the world oil price stays very high. They’ll have to control supply to make sure it stays that high.
Canada was in WWII in 1939 - served with valor in the RAF, Mt Casino, D Day etc. So when did we protect his"wimpy ass"? They are the second largest country in the world, after Russia, but have the population of California. On a per capita basis one might even say they have as strong a military, given population, as we do. They are in Afghanistan. They, presently under Harper, have a more conservative government than we will have if a Dem or McCain is elected.
Currently Canadian oil and natural gas is protecting our environmentalist "wimpy ass" from total dependence on the middle east and the Gulf of Mexico.
They have developed shale/tar sands oil in both Eastern and Northern Alberta. They have so much natural gas at present they are capping wells because they cannot export it all profitably. They are also drilling in the Arctic, while we cannot for the same environmental reasons. They are saving our bacon at present. Do not bite the hand that feeds you.
The wizard now has transformed Evil Big Oil into "energy." And what He (the anointed one) said was good.
It is alot easier to invade Alberta and hold it in a pinch.
Now hold up a second.
That was clumsy language on my part but what I was trying to say is that Canada and the United States are so closely related, we’re family. Our disagreements over stuff like Iraq or gay marriage is an argument at the dinner table.
I was drawing comparisons in our relationship to a family dynamic because that’s what it is. The US is the older brother. Canada is the kid brother. The kid brother scored a killer gig (oil), we’re sharing in the bounty. We’re also going to pay large for what we’re getting, but ... figuratively speaking, we’re sharing the bounty.
I wasnt going for literalism with the wimp thing, I just meant .. that’s the family dynamic. Canada is the younger brother. Big brothers have to break a few heads sometimes on the kid bro’s behalf. It was a just a figurative drawing of a family dynamic. Not literal.
I know Canada got the toughest beaches. I know Canada has the most brutal part of Afghanistan. I know some of the boys are coming back dead and the Canadian public still supports the mission.
I even know the CFL is an inherantly better game than the NFL, because the downs force more hustle.
... if anyone needs me, i’ll be downstairs trying to get my left leg out of my mouth.
Right, and we don’t have to teach our soldiers to speak Canadian.
Actually i loved your analogy anyone who didnt get it well ... cant really speak for that.
I think this is excellent for both countries as both countries benefit.
Were going to squabble , but in the end we know who our allies , neighbours and most importantly friends truly are.
Regarding the ‘wimpy’ sub-topic within this thread, it is true that Canada presently has a more conservative government that what we have in the U.S., and what we’re liable to have after November this year.
It is also true that our Canadian friends are more than pulling their weight in Afghanistan, in fact they’re doing MORE than they should have to, and the U.S. needs to kick some asses at NATO to get more assistance for our allies.
Now having said all that, with the exception of Canada’s current Harper government, and a brief conservative reign for Joe Clark back in the ‘70s (thanks again Joe, for helping some of our fellow Americans escape from Tehran after the Assahollah and his buddies took over), Canada has generally been ruled by liberal-left socialists like Trudeau and Chretien who would be more at home with the likes of Hugo Chavez and Fidel Castro, than with the likes of Ronald Reagan.
And let’s not forget that were it not for America’s military and resources during the Cold War, Canadians might well be speaking Russian right now, and Stephen Harper would most likely be in some Soviet gulag up in Whitehorse along with any other Canadian patriots who would have resisted.
As a closing thought, it has always puzzled me why Canadians, who pride themselves on their support for, and their embracing of the importance of human rights, find it morally acceptable to spend their hard earned money on vacations to Communist Cuba, helping to prop up Castro who coincidentally has the worst record on human rights in this hemisphere.
Sorry, I did not mean to overact. -—At this point I wish we had a PM S. Harper for the nominee of the republicans, we would be better off.
Alberta oil sands have been in continuous commercial production for over 4 decades. It has already survived multiple price swings including the very cheap oil of the late 1990's (oil reached below $10 a barrel).
Oil Sands History
The produced their billionth barrel back in 1998.
False. Canadian Natural Gas fields are being depleted. The amount of Natural Gas we import from Canada has been declining and will continue to decline. It is why we are building LNG terminals in the US to import more Natural Gas from places like Qatar and Russia.
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