peakoil.com/forums/the-russia-natural-gas-thread-merged-t15221-160...
Nafta requires Canada to export a fixed proportion of it’s production to the U.S.. End of Story. The number is about 60%
Looks like Canada may be screwed unless they can produce lots of crude really quick.
Thanks for clarifying....I thought the Canada NAFTA quota was 2/3. 60% still quite substantial.
And I thought NAFTA was for Free Trade....so much for that
Regardless, Canada is getting ripped off. They should sue in NAFTA court
There are a few hoops to jump through before they get the pipeline to Kitimat.
It will take a lot of grease to local tribes and an enormous construction budget...