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| Economy |
| Obama's Rejection of Pipeline Prompts Canada to Sell Oil Overseas... |
| 2012-01-20 |
| President Barack Obama’s decision yesterday to reject a permit for TransCanada Corp.’s Keystone XL oil pipeline may prompt Canada to turn to China for oil exports. Prime Minister Stephen Harper, in a telephone call yesterday, told Obama “Canada will continue to work to diversify its energy exports,” according to details provided by Harper’s office. Canadian Natural Resource Minister Joe Oliver said relying less on the U.S. would help strengthen the country’s “financial security.” The “decision by the Obama administration underlines the importance of diversifying and expanding our markets, including the growing Asian market,” Oliver told reporters in Ottawa. |
| Posted by:Slereling Angesh7135 |
| #10 Very helpful perspective, manversgwtw. :-) |
| Posted by: trailing wife 2012-01-20 22:00 |
| #9 China's smokestackers aren't exactly the most environ cleanest, or modern. |
| Posted by: JosephMendiola 2012-01-20 18:52 |
| #8 Relax. There is lots of oil for everyone. Suppose Obama gave Keystone the green light today. No doubt he would be rewarded with political media support for his economic decision. All from Canadian oil companies (who Moreover, the entire Green Revolution is looking more and more like Humpty Dumpty. Give Keystone the go ahead today, assured cheap oil, secure supply, and the whole green empire goes the way of Solyndra. Say nothing of the contributions that flow into BO's re-election campaign. The Green Dream is going to collapse anyway, it just need to happen in December 2012. |
| Posted by: manversgwtw 2012-01-20 18:43 |
| #7 #6 The Greenies assertion that this will decrease emissions is really stupid. Yup. The Greenies "feel" they are saving the planet; it is the new religion. Their position is not particularly well-reasoned out or based on good science. Science has become a corrupted process in their hands, agenda driven and politicized. They would have us all living as the Taliban live--somewhere in the 7th century. |
| Posted by: JohnQC 2012-01-20 17:34 |
| #6 The Greenies assertion that this will decrease emissions is really stupid. The oil will be sent to Asia by tankers which emit "Bad Stuff" and then the oil itself will emit "Bad Stuff". This will increase emissions. Bugwits. |
| Posted by: Deacon Blues 2012-01-20 15:48 |
| #5 Unush Panda7572, that's not what John meant. Glad to see the |
| Posted by: Steve White 2012-01-20 15:36 |
| #4 Maybe China can become less dependent on mid-east oil. Not enough to lessen their interest in the region though. It's a lose lose for us. |
| Posted by: Uneter Unolush9767 2012-01-20 13:39 |
| #3 This whole thing is beyond words. I really don't want to end up in the sink trap today. This was once the land of the Free and the Brave. Until Obama started shutting down sites without due process, wasn't it? |
| Posted by: Unush Panda7572 2012-01-20 11:29 |
| #2 Good. |
| Posted by: kelly 2012-01-20 11:17 |
| #1 This whole thing is beyond words. I really don't want to end up in the sink trap today. |
| Posted by: JohnQC 2012-01-20 10:30 |