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More major U.S. corporations join boycott of Alberta oilsands fuels
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<blockquote data-quote="klein" data-source="post: 763711" data-attributes="member: 23950"><p><span style="color: navy"><strong><span style="font-size: 15px">Alberta to U.S.: Use the oil sands or lose them</span></strong></span></p><p></p><p></p><p><span style="color: black">OTTAWA -- To lift a quip from Prime Minister Stephen Harper’s Arctic sovereignty policy and apply it to the American view of Alberta’s oil sands: use it or lose it.</span></p><p></p><p><span style="color: navy"><span style="color: black">The Chinese government pushed its shovel deep into Canada’s energy motherlode on Monday when it announced a $2-billion stake in a five-billion-barrel reserve of “dirty oil” that Americans increasingly find unworthy of fuelling their vehicles.</span></span></p><p><span style="color: navy"></span></p><p><span style="color: navy"><span style="color: black">The 60% claim by PetroChina in two projects owned by Athabasca Oil Sands Corp., while small compared to the great gobs of capital pouring into oil sands expansion and extraction, are the global giant’s largest investment in Canadian energy yet.</span></span></p><p><span style="color: navy"></span></p><p><span style="color: navy"><span style="color: black">And China usually buys into product it aims to consume. </span></span></p><p><span style="color: navy"></span></p><p><span style="color: navy"><span style="color: black">Sources in Washington predict politicians there will not be pleased at having a massive supply of secure energy on their northern doorstep slipping under Chinese ownership. </span></span></p><p><span style="color: navy"></span></p><p><span style="color: navy"><span style="color: black">Well, too bad.</span> </span></p><p><span style="color: navy"></span></p><p><span style="color: navy"><span style="color: black">The above article is almost 1 year old, but since then, Enbridge, (1 of the largest pipeline companies) has already submitted a plan to bulid a pipeline to the westcoast (for asian markets).</span></span></p><p><span style="color: navy"><span style="color: #000000">It's currently under review and they and the Alberta, BC provinces are holding community meetings in the towns that the pipeline will lead thru.</span></span></p><p><span style="color: navy"></span></p><p><span style="color: navy"><span style="color: #000000">Probably up and flowing within 3 years or less.</span></span></p><p><span style="color: navy"></span></p><p><span style="color: navy"></span></p></blockquote><p></p>
[QUOTE="klein, post: 763711, member: 23950"] [COLOR=navy][B][SIZE=4]Alberta to U.S.: Use the oil sands or lose them[/SIZE][/B][/COLOR] [COLOR=black]OTTAWA -- To lift a quip from Prime Minister Stephen Harper’s Arctic sovereignty policy and apply it to the American view of Alberta’s oil sands: use it or lose it.[/COLOR] [COLOR=navy][COLOR=black]The Chinese government pushed its shovel deep into Canada’s energy motherlode on Monday when it announced a $2-billion stake in a five-billion-barrel reserve of “dirty oil” that Americans increasingly find unworthy of fuelling their vehicles.[/COLOR][/COLOR] [COLOR=navy] [COLOR=black]The 60% claim by PetroChina in two projects owned by Athabasca Oil Sands Corp., while small compared to the great gobs of capital pouring into oil sands expansion and extraction, are the global giant’s largest investment in Canadian energy yet.[/COLOR][/COLOR] [COLOR=navy] [COLOR=black]And China usually buys into product it aims to consume. [/COLOR][/COLOR] [COLOR=navy] [COLOR=black]Sources in Washington predict politicians there will not be pleased at having a massive supply of secure energy on their northern doorstep slipping under Chinese ownership. [/COLOR][/COLOR] [COLOR=navy] [COLOR=black]Well, too bad.[/COLOR] [/COLOR] [COLOR=navy] [COLOR=black]The above article is almost 1 year old, but since then, Enbridge, (1 of the largest pipeline companies) has already submitted a plan to bulid a pipeline to the westcoast (for asian markets).[/COLOR][/COLOR] [COLOR=navy][COLOR=#000000]It's currently under review and they and the Alberta, BC provinces are holding community meetings in the towns that the pipeline will lead thru.[/COLOR][/COLOR] [COLOR=navy] [COLOR=#000000]Probably up and flowing within 3 years or less.[/COLOR][/COLOR] [COLOR=navy] [/COLOR] [/QUOTE]
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