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Fantastic. China, Canada reach quick deals on oil, uranium (While Keystone XL is shelved)
Hotair ^ | 02/09/2012 | Jazz Shaw

Posted on 02/09/2012 1:02:22 PM PST by SeekAndFind

Last month we discussed the rather alarming news that Canadian Prime Minister Stephen Harper was planning a trip to China to discuss possible natural resources deals with the economic superpower. It seemed no coincidence that the trip was announced close on the heels of Barack Obama's decision to kick the can down the road on the Keystone XL pipeline yet again. But at that time, I retained some hope that perhaps this was just a warning siren to Obama which would remind him that Canada had plenty of other options should we decide not to do business with them.

Apparently Harper hasn't cared much for what he's been hearing out of Washington and found a very willing ear across the Pacific because it seems that some deals have been struck already.

China and Canada declared Thursday that bilateral relations have reached “a new level” following a series of multibillion-dollar trade and business agreements to ship additional Canadian petroleum, uranium and other products to the Asian superpower.

Prime Minister Stephen Harper and the Chinese leadership said Thursday the economic co-operation agreements — and billions of dollars in new private-sector deals — signed by the two countries over the past few days are unprecedented and will open the door to additional trade and investment.

Harper announced Thursday, following meetings with Chinese President Hu Jintao and Vice-Premier Li Keqiang, that the countries have struck an agreement that will allow Canadian uranium companies to “substantially increase exports to China.”

“We expect to see similar success stories in Canadian energy exports to China, once infrastructure is in place.”

Harper has said building pipelines to the West Coast — such as the proposed Northern Gateway oilsands pipeline and a separate one for liquefied natural gas — is a national priority as Canada looks to ship its vast resources to Asia.

This just gets better and better, doesn’t it? Not only do we have to keep an eye on the Canadians building a shorter pipeline to their western coast to ship all of their oil overseas, but now they’re going to aggressively up the ante on delivering uranium to the Chinese. Oh, I know… you probably think I’m being an old worry wort, right? I mean, China would only use the fuel for peaceful, energy production purposes and would never “lose track” of any of it, right?

Yet again we see that elections matter, and decisions coming from 1600 Pennsylvania Ave. can have both immediate and long term effects not only here at home, but across the oceans as well. Harper’s deals wont be finalized until the Canadian legislature approves them, but they would be foolish indeed to turn it down with no assurances of a market in the U.S. There was never any doubt that Canada would pursue their own best economic and national interests and find a buyer for their resources. It was only a question of who would strike the right deal. And – again – I do not place any blame on Harper for this. He has to look out for Canada’s interests first, not ours. The fault here lies with the White House for playing politics with such a critical issue.


TOPICS: Business/Economy; Canada; Foreign Affairs; News/Current Events
KEYWORDS: canada; china; kestonexl; pipeline
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1 posted on 02/09/2012 1:02:27 PM PST by SeekAndFind
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To: SeekAndFind
WELL, HAT WAS FAST !!

2 posted on 02/09/2012 1:03:25 PM PST by SeekAndFind
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To: SeekAndFind
WELL, THAT WAS FAST !!

3 posted on 02/09/2012 1:03:25 PM PST by SeekAndFind
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To: SeekAndFind

OBAMA IS ONE DUMB_ASS

NUFF SAID


4 posted on 02/09/2012 1:05:08 PM PST by ThomasMore (Islam is the Whore of Babylon!)
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To: SeekAndFind

To the victor go the spoils.


5 posted on 02/09/2012 1:05:52 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: ThomasMore

“OBAMA IS ONE DUMB_ASS

NUFF SAID”

He is a dumb ass but, in this case, I think this is exactly the result he was looking for. Everything he does is directed at things that will result in destruction or degradation of our country.


6 posted on 02/09/2012 1:13:18 PM PST by House Atreides
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To: SeekAndFind

No surprise. The US government has proven itself to be an unreliable trade partner, besotted with political risk, fiscally reckless, and contemptuous of property rights and the rule of law. Communist China looks like a good trade partner when compared with banana republics.


7 posted on 02/09/2012 1:17:18 PM PST by Skepolitic
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To: SeekAndFind

Harper sold his soul to the ChiComs. When he was in opposition he opposed trade relations with China, but now he is their bitch.


8 posted on 02/09/2012 1:32:14 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: SeekAndFind

Harper sold his soul to the ChiComs. When he was in opposition he opposed trade relations with China, but now he is their bitch.


9 posted on 02/09/2012 1:32:33 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Sam Gamgee

Harper made the right choice. Nations like America or Canada shouldn’t be bitching to countries like China about human rights when leaders like Obama are at home taking away those same rights every day.

China will be brought down from within by the growing middle class that will demand the same things we enjoy. They won’t be able to give it to them and the communist regime will crumble.


10 posted on 02/09/2012 1:35:53 PM PST by bigdirty
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To: SeekAndFind
"Somehow we have to figure out how to boost the price of gasoline to the levels in Europe."

President Obama's Secretary of Energy, former Berkeley physics professor Steven Chu, quoted in 2008.

Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.

Barack Obama-2008

11 posted on 02/09/2012 1:50:01 PM PST by RC one (the majority of republicans agree, anyone but Romney.)
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To: bigdirty

Maybe in fifty years. By then the U S will be a cinder in history. Thank jerk face for that.


12 posted on 02/09/2012 2:06:45 PM PST by Pit1 (Omama is the chief gun-runner.)
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To: Sam Gamgee
Obozo in the White House had first right of refusal on the oil question, and HE DID!

What are we to do, wait for Obozo to be re-elected to be turned down a second time?

He will destroy you mark my word. We Cannuks need to make deals with others.

Amazing, your Prez forced Conservative Harper to cut a deal with the Chinese Commies. Keep Obozo south of the 48th...please

13 posted on 02/09/2012 2:37:04 PM PST by Jocko from Canada
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To: Jocko from Canada

I never thought I would see the day Canada has better conservative governance than the US. But that is where we have been for at least the past 3 years.


14 posted on 02/09/2012 2:46:21 PM PST by C19fan
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To: Sam Gamgee
Harper sold his soul to the ChiComs. When he was in opposition he opposed trade relations with China, but now he is their bitch.

Nonesense. It's Harpers' job to look after Canadian interests not the US.

The Canadians tried to get us to buy the oil and that Fumb Duck in the White House turned them down. One more reason to throw him out in November.

15 posted on 02/09/2012 3:07:00 PM PST by Timocrat (Ingnorantia non excusat)
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To: bigdirty
We have been hearing that for the last 3 decades since Nixon sold out to the ChiComs. Yet China is still a fascist dictatorship that pillages organs from political prisoners. Remember these are the bastards that killed our troops in Korea. Not only that the goods they make don't have to meet the same regulatory standards American made goods have to meet. They spy on our citizens and steal our technologies. Harper is caving in to the same ChiCom loving big business that Nixon did.
16 posted on 02/09/2012 3:59:46 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: C19fan

Hardly. The Harper government has increased spending by over 6% per year.


17 posted on 02/09/2012 4:01:03 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Timocrat
Just saying Harper is a hypocrite for opposing the Liberals who sold out to the ChiComs and now is kissing Chinese ass. Canadian soldiers were also murdered by these yellow bastards in Korea.
18 posted on 02/09/2012 4:02:10 PM PST by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Sam Gamgee

And Canadian soldiers were killed and imprisoned by the heathen Japs just a few years before Korea. Still, we buy their cars and radios.


19 posted on 02/09/2012 4:50:41 PM PST by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, or the jobs that go with it.)
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To: SeekAndFind
In 2008 the electorate of the US chose a marxist muslim to be president. He is governing as a marxist muslim, no surprise there to freepers.

Canada would dearly love to sell the tar sands oil to the US, and a Canadian company is willing to build a pipeline all the way to Texas to deliver energy to the US from a trusted friend, ally, and primary trading partner. Not to mention a fellow member of the anglosphere.

Apparently your president's new foreign policy involves chasing old and trusted allies into the arms of your enemies. And, since the US has refused to buy Canadian oil, it is going to the Chinese. Is anyone surprised by this?

The only surprise would be if the American people are stupid enough to re-elect this guy.

20 posted on 02/09/2012 5:12:43 PM PST by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, or the jobs that go with it.)
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