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| Great White North |
| Canada is now the biggest exporter of oil to US |
| 2006-03-04 |
| Canada has become the biggest exporter of oil to the United States with the re-opening of a pipeline from Alberta to Oklahoma. Crude oil from Alberta`s tar sands began flowing this week from the Calgary, Alberta-based Enbridge Corp.`s facility through a 650-mile stretch of steel from Chicago to Cushing, Okla. For years the pipe, which used to be owned by BP, carried Gulf of Mexico crude to northern markets, but as the Gulf supply dwindles, the crude is flowing in a different direction, the Houston Chronicle reported Saturday. The line has an initial capacity to transport 125,000 barrels of oil a day, but can be expanded easily, the report said. Exxon Mobil is also working on a pipeline reversal that would bring Canadian crude down to Gulf Coast refiners instead of flowing Gulf oil north to Midwestern markets. Canada outranks Mexico, Venezuela and Saudi Arabia as oil exporters, and will likely double its oil production in the next decade, thanks to production from the oil sands. |
| Posted by:lotp |
| #3 Is it okay if I gloat a little? Oh Monday is going to be a fun day on the Toronto stock exchange. |
| Posted by: Rafael 2006-03-04 23:51 |
| #2 "Hola Presidente!" |
| Posted by: Frank G 2006-03-04 23:28 |
| #1 I will assume that getting the oil flow from Canada to the US smoothly sorted out is one of the steps on the "pre-attack checklist" that the US Government must be running through right about now. Bush's visit to Pakland must be another checklist item, to wit: "Perv, we're getting ready to drop the hammer, and we're going to be doing so in concert with Israel. Things are going to get ugly in fundamentalist circles, so you're Islamcists are probably going to be pushed beyond 'critical mass' for an explosion. How you preapare is up to you, but you might want to start cleaning housw now, before the shit hits the fan. Remember my comments back in September 2001 - you're either with us, or against us." What else might be on that checklist? Military movements will take place in the last couple of weeks before D-Day. But - what else comes before then? |
| Posted by: Lone Ranger 2006-03-04 22:29 |