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1 posted on 10/28/2001 1:24:59 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife
Article missed a few notable points. One, the Canadian dollar crashing to 63 American cents has had a major effect by making all these purchases cheaper. Two, Canadian oil and gas production is steadily ramping up, especially oil from the Alberta oil sands where the cost of production has fallen significantly, to about $12 a barrel. Three, while greens are a nuisance in Canada, they are not entrenched in government the way they are in the U.S., and they are having little effect on energy decisions like where to drill or build pipelines. Four, the social democrats in the ottawa federal government need revenue so badly they've even shut up about Big Oil.
2 posted on 10/28/2001 1:04:31 AM PDT by TheMole
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To: Cincinatus' Wife
Watch the oil fields close. B.P. is a biggy on closing down its facilities in the U.S. and Canada and moving to cheaper production facilities overseas.
3 posted on 10/28/2001 1:17:20 AM PDT by duck soup
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To: Cincinatus' Wife; *Energy_List
bttt

While I support exploration and drilling in ANWR, this will be insufficient to significantly reduce our dependence on imported OPEC oil. The transnational oil companies will sell ANWR oil to the highest bidder on the global market. It is as likely to be shipped to Japan or China as it is for our own use.

We should be looking towards other forms of energy production and less fuel consuming modes of transportation. It would be helpful to build more power plants utilizing nuclear and clean-coal technologies. At the same time, we should be investing in High Speed Ground Mass Transportation Systems, such as high-speed rail and maglev, to reduce congestion on our highways, air corridors and overloaded air traffic control system.

9 posted on 10/28/2001 10:53:13 AM PST by Willie Green
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To: Cincinatus' Wife
Canadian oil companies that don't want to be taken-over just load up on investments that would terminally piss off the State Department,

For example, Talisman Energy has a ton of investments in Sudan and is exploring setting up shop in Iran

Naturally as a result, no American company will touch them with a 10 foot pole,

Pan Canadian is looking at setting up shop in Cuba, probably for the same reason,

Talisman is a very agressive company and growing like a weed, I don't think it will be long before they go shopping on Energy Alley

10 posted on 10/28/2001 11:03:42 AM PST by ContentiousObjector
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