The “oil comes from arabs” cliché is so well carved in people’s memories that if both Quebec and Alberta seceeded tomorrow, the oil prices would rise much less than they do now.
And yet we are the rising oil producing nation. The lowest estimations say that Canada has thrteen percent of the World’s proven oil reserves. The most optimistic say we have even more oil than the whole arabian peninsula.
I’m not sure that includes the oil we can get from the Arctic.
Regardless of who the biggest supplier is to the U.S., the fact remains that the Middle East is a major supplier to the world. And THAT is what influences oil prices.
chasy61. It is all about the revolts against dictators in oil producing countries, and how America must bow to them because we never followed through with an Energy policy…
The oil sands mine sites in Alberta make the coal strip mines in West Virginia look like an eco-friendly enterprise. Out of sight, out of mind, I guess. The oil sand do produce a lot of income for Alberta and Canada, though. And the US companies that support the jobs up there are raking in the dough.
I guess I’d rather pay Canada for oil than Libya and Iran.
Dtroutma about 13 years ago
Is their a rebellion in Canada? Huh, doc, are we missing something???
CorosiveFrog Premium Member about 13 years ago
The “oil comes from arabs” cliché is so well carved in people’s memories that if both Quebec and Alberta seceeded tomorrow, the oil prices would rise much less than they do now.
And yet we are the rising oil producing nation. The lowest estimations say that Canada has thrteen percent of the World’s proven oil reserves. The most optimistic say we have even more oil than the whole arabian peninsula.
I’m not sure that includes the oil we can get from the Arctic.
DamYankee22 about 13 years ago
I thank God that Canadians are friendly to us.
lugosi2k about 13 years ago
Regardless of who the biggest supplier is to the U.S., the fact remains that the Middle East is a major supplier to the world. And THAT is what influences oil prices.
CorosiveFrog Premium Member about 13 years ago
human; peak oil, I don’t know but certainly not peak oil sands!
chasy61 about 13 years ago
chasy61. It is all about the revolts against dictators in oil producing countries, and how America must bow to them because we never followed through with an Energy policy…
Bluejayz about 13 years ago
The oil sands mine sites in Alberta make the coal strip mines in West Virginia look like an eco-friendly enterprise. Out of sight, out of mind, I guess. The oil sand do produce a lot of income for Alberta and Canada, though. And the US companies that support the jobs up there are raking in the dough.
I guess I’d rather pay Canada for oil than Libya and Iran.