| Stop the Presses! Canada to blame?
Posted: 5/29/2008 1:38:24 PM | http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html
Looks like Canada is the largest exporter of oil to the USA next to Saudi Arabia. What does this mean as far as the prices then? Is OPEC full of "Sh!T"? Maybe they are tired of Bush's North American Union project and are sticking it to us Americans lol   | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 1:51:18 PM | And the sad part is that Americans are just now realizing this.
Welcome to the age of correct information. Anyone who thinks otherwise is just not informed. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 1:57:50 PM | Yes. A huge supply of crude is imported from Canada as well as Mexico. Most of our crude is from non-opec. Should you watch those figures when the next results come out you will find that the supply has been lowered from Opec nations from this point forward. (Opec is cutting back supply)
Aren't government websites great! | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 2:01:31 PM | | Ummmm world supply and demand market, if OPEC reduces production, supply is reduced and we sell at world market prices. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 3:05:05 PM | well, in the meantime...and just because our president and gov't are dooshebaggs doesn't mean Canada can rip us off and put our people on the streets either.Remember who has all the bullets down here    | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 3:30:56 PM | | Umm, and who owns the companies drilling for oil in Canada? Not the Candadian government. If you dig a little you'll find that we fools have held onto a small share of the companies actually doing the drilling. Its those companies benefiting more than anyone. So if you want to plan a successful invasion it should be of the big oil head offices not Canada. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 3:46:37 PM | [It's America's own fault. America has it's own resources available but refuses to drill. ]
hmmm, I wonder what you were thinking when the oil drilling was stopped due to extreme negative pressure from environmentalists and nature lovers.. Who wanted to see refuges tore up then....
Suddenly money out of your pocket and to hell with the rest of the world..
Or maybe you never cared...to begin with..
I just miss the money I am out...but I still dont drive a ****ing toyota...
UAW..support the American worker, keep profits in USA | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 3:50:56 PM | I think we will see drilling in the USA soon.
Then....
Our dependency on Saudi and Canada diminish...
Then....
A lot of hollering and screamin' from Saudi and Canada.
That day is coming... yep. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 3:54:06 PM | I think we will see drilling in the USA soon.
Then....
Our dependency on Saudi and Canada diminish...
Then....
A lot of hollering and screamin' from Saudi and Canada.
That day is coming... yep.
LOL good luck with that. Amusing comeuppance dreams aside, the easy fields to access have already been accessed, there is a reason you have reduced oilfield output. It's not like Canada has lower environmental standards. We just have a lot of easily exploitable oil. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 4:09:08 PM | I'm surprised people don't get it yet, it's not about production.
Because Oil is traded in dollars its value isn't increasing, the value of the dollar is decreasing and that can only be blamed on the US admin who's method for getting out of debt is to print more dollars.
This decreases the value of every other dollar in circulation so you need more to by the same amount of oil......It's simple really.
So basically, the US only has itself to blame. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 4:11:04 PM | Under the NAFTA, Canada is bound to supply the US before gaining any benefits from the Tar sands themselves...and in the event of an 'emergency situation' Canada is bound to supply ALL the US needs before their own
As for the Canadians gaining any financial benefits from the sale of the oil produced..in the last negotiated price meetings, the Canadian government was forced to drop the Royalties per barrel from 3$ to 2$ US...ask Albertans how they feel about THAT idea!
When will Americans wake up to the fact it isn't anybody BUT Americans who are screwing them wholesale...The Oil Commodity exchanges in US and London are mainly American controlled, the speculators playing the market and pushing futures prices up are those with capital to play them like a gambling casino..the bulk of which are Americans..obviously
Oil is bought and sold in US dollars..so a high price for oil means countries have to buy more US dollars to meet their needs, along with a portion of the US debt in the form of treasury bonds......and THAT funds the massive spending spree the US has been on since 9/11.
The countries who sell oil, apart from Canada, are laughing all the way to the banks, of course, as this windfall allows them to now buy more of America's major export, weapons, armaments, and warfare technology..something to think about people.
Refined reserves are at an all time high in the US, but the President refuses to allow any of it to be used to help ease gas prices...why should he?..most of his administration and all his friends and family are in the Oil Business in some way or another..and every increase at the pumps adds more to the government tax coffers anyway.
Even the Saudi's have protested that the price is highly inflated, and should be around 65$ a barrel, but OPEC has no intentions of increasing output as supply is equal to demand right now, according to their figures, and they don't see why they should lose out on the dwindling supplies they have anyway.
Whilst China and India being painted as the demons in all of this because of their increasing demands...the US is still the major player in the game, and it is to their advantage to keep pressing the prices higher...
Poshrat | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 4:14:28 PM | In the future you will also see a drop of imports from Venuzuela. The only reason Hugo still does business with the U.S. is because we have the special refineries to process the oil.
China has recently made a deal with Hugo to build those types of refineries in Venuzuela. Then guess who Hugo will be selling to after that. He will give the U.S. the finger and sell it all to China.
I say we tough it out, until Saudi Arabia runs out of oil. Then we drill in Alaska and give the Saudi's the finger.
In the meantime, we need to produce more renewable electricity so take that portion of the burden off the total U.S. energy needs. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 4:23:29 PM |
Looks like Canada is the largest exporter of oil to the USA next to Saudi Arabia. What does this mean as far as the prices then? Is OPEC full of "Sh!T"? Maybe they are tired of Bush's North American Union project and are sticking it to us Americans lol
This is an incorrect and elemantary assumption. It is right however in that OPEC is not to blame.
Actually I believe there is another thread on here that explains why we in Canada are getting screwed hard at the pumps (close to $1.30/litre, and I think your gallons are around 3.8 litres) right alongside the Americans and pretty much every other nation.
Which is unregulated commodities traders. They are buying oil in such a rate that the price per barrel is artificially increased dramatically. Even though production currently exceeds demand.
I wouldn't hold my breath for a huge relief at the pumps once this bubble bursts though, at best we can hope the pricks driving the prices lose their shirts in the market and can't repeat this next year. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 7:21:53 PM |
once this bubble bursts though, at best we can hope the pricks driving the prices lose their shirts in the market and can't repeat this next year.
I can see it now, the bubble bursts, the big boys start bawling their eyes out and the Federal Government bails them out. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 7:33:41 PM | | It's no big secret that Harper is selling us all out. Just another part of the plan. We need to throw all these bums out of office before we have nothing left. | |
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| Stop the Presses! Canada to blame?
Posted: 5/29/2008 7:39:25 PM | Okeydok.... when I first brought up re' Commodity Trading as the reason for the price... I was... called... well... let's just say I wasn't regarded as having the brightest light saber in the pub.  and that's putting it mildly. 'They' (you know who you are.  here) tried to rip me a new one for daring to say that Commodities and the trading therein is why the price does what it does.
Thank goodness I'm not the only 'geek' out here in 'Dating Site' cyberland who knows the control of the prices are.  | |
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_JAFO_
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Joined: 11/9/2007
Msg: 18 | |
| Stop the Presses! Canada to blame?
Posted: 5/30/2008 5:50:26 AM |
Under the NAFTA, Canada is bound to supply the US before gaining any benefits from the Tar sands themselves...and in the event of an 'emergency situation' Canada is bound to supply ALL the US needs before their own
ewwwww... doesn't Obama want to opt-out of NAFTA?
... in Cleveland, Obama and Clinton dueled to see who could be more anti-NAFTA; Obama won, at least rhetorically, by promising to “use the hammer of a potential opt-out as leverage” to renegotiate NAFTA on his own terms. | |
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| Stop the Presses! Canada to blame?
Posted: 5/30/2008 5:55:59 AM |
Looks like Canada is the largest exporter of oil to the USA next to Saudi Arabia. What does this mean as far as the prices then? Is OPEC full of "Sh!T"? Maybe they are tired of Bush's North American Union project and are sticking it to us Americans lol
I guess we'll have to move that "Annex Canada"plan schedule up...
Not sure if it'll all be one state...or if we'll let them keep their individual "provinces"
Just have to see how things work out... | |
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| Stop the Presses! Canada to blame?
Posted: 5/30/2008 6:22:14 AM |
Not sure if it'll all be one state...or if we'll let them keep their individual "provinces"
You can't make it all one state, unless you want a flag with 51 stars on it. Adding an even row of ten would be much better, although bear in mind that there are three territories also. Anyway, can you imagine all of the flags, murals, even people's tattoos that would need to be changed if this went ahead. It would be far simpler to make it something like Puerto Rico, a semi autonomous territory.
Another option would be to divide it up and add it to existing states, although that would probably give rise to disputes between states about who gets what parts. The border states would be the logical ones to be expanded north, but then the others would probably be jealous. | |
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| Stop the Presses! Canada to blame?
Posted: 5/30/2008 7:55:11 AM |
I guess we'll have to move that "Annex Canada"plan schedule up...
Not sure if it'll all be one state...or if we'll let them keep their individual "provinces"
Just have to see how things work out...
We saw how well it worked out the last time you invaded a country for oil. | |
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| Stop the Presses! Canada to blame?
Posted: 5/30/2008 8:01:45 AM |
Looks like Canada is the largest exporter of oil to the USA next to Saudi Arabia
Actually it's the other way around. Canada is a larger supplier of oil to the USA than any other country, including Saudi Arabia.
As for being dependent on the USA for oil, I wouldn't worry about that. Canada is about the most benign neighbor a nation could have. | |
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| Stop the Presses! Canada to blame?
Posted: 5/30/2008 8:15:43 AM |
It's America's own fault. America has it's own resources available but refuses to drill.
Well, as that is accurate it is quite incomplete. It should read: It's America's Democrats fault. America has it's own resources available but Democrats refuse to allow more exploration, drilling and refining capacity.
The Democrats can whine, complain and bull$^*# all they want, the current economic problems that the US is having is due to the high price that the US pays OTHER COUNTRIES for oil. Which is a direct result of their posturing over the last 30 years refusing to allow the US to be energy independent. ANWR, the Gulf of Mexico and off the shores of the Atlantic lies more oil than the US could consume in a thousand years and the Democrats make us buy from Canada and the third-world... How nice of them.
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| Stop the Presses! Canada to blame?
Posted: 5/30/2008 8:16:01 AM | Stop threatening us with invasion or we will be forced to send a female baker and a handful of Indians to stop your invading army and burn your White House to the ground...yet again!
We pay far more for the gas we produce than than you pay for the same gas we export to you.
Do not worry about having to invade to steal our gas...we have our own version of a moronic Republican Dipchit Bush-a-like here called Harper..(also see: clones of Mulroney)
He will take care of all our gas and water by giving it away to the US....let us know when you need the lube to get his head out of Bush's rear end....it must be painful and may explain a lot about why Bush always looks and talks like something's up his azz... | |
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| Stop the Presses! Canada to blame?
Posted: 5/30/2008 10:16:16 AM |
Canada is about the most benign neighbor a nation could have.
You mean like a cancerous tumor kinda benign? LOL j/k  | |
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