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Why would Canada want to sell oil to America anyway's? We are punk broke debtors.

The wonders of a weak dollar and trade deficits when it comes to trade!

There since there is little or no manufacturing left in America means a decline in demand for oil and gas. Sure Americans need gas and oil for their homes and cars but they can't handle the higher priced stuff for domestic consumption.

China on the other hands has the manufacturing based market for more oil, even higher priced oil like oil from sand-tar because that higher priced cost becomes affordable via economy of scale mass production of end pruducts.

Just one more reason to drill ANWAR and the Gulf Coast off Florida.

Despite the length of this story, China was, is, and always will be only a bit player in Canada's oil sector. Why they even bother I don't know - China sits right beside Russia's enormous oil fields and, as we know, China and Russia have been sweet on each other for at least the past year.
However, one thing is true. There is more oil "trapped" in the Alberta oil sands than all the proven oil reserves in the middle east put together.
Very expensive to put into production, very expensive to process, the oil sands nevertheless would permit the US to survive without oil from any other outside source if they chose to invest in it on a crash program basis.

This article points out something very important, which is that China's modernizing economy is having an impact on the world's markets. Fuel has been going up, but not only fuel. Steel has doubled in price thanks mostly to Chinese growth.

So people who have been worried that driving their SUV's was driving up the cost of gasoline can relax. The couple of mpg difference is nothing compared to a billion new consumers on the market.

But the writer knows little about oil and understands it less. At one time most of the world's oil company's were national, and Americans were the few to venture out into foreign fields. This is the source of much of the paranoia about oil companies on the part of people who couldn't understand the idea of basic resources being owned by private companies. That has changed, however, and Americans compete against French, Spanish, Italian, Canadian and nowadays Chinese companies. Actually there are a whole host of players from countries that you wouldn't even think of.

So we aren't going to be disturbed about competing (and partnering) with Chinese companies.

The deals may create unease for the first time since the 1970's in the traditionally smooth energy relationship between the United States and Canada.

Thats silly. Its a market.

China, which has surpassed Japan as the second-largest market for oil, flexes its muscle in attempts to secure oil,

I don't think Chinese Marines are going to be storming ashore. They are going to use dollars, which is fine.

"Watch the Americans have a hissy fit if a Chinese incursion materializes," Claudia Cattaneo

Uh, no. Its a market.

p

DEAR ONES,

Here's a computer slide show type presentation that shows a lot of Chinese characters and how Biblical history is embedded in them. It makes a great CHRISTmas card. LUB,

http://www.wbschool.org/chinesecharacters.htm