Posted by John Deere D on December 05, 2014 at 08:59:44 from (204.244.59.75):
In Reply to: OT-auto fuel posted by Bob Harvey on December 04, 2014 at 18:58:19:
The oil in Canada is land locked. The political climate in British Columbia , along with special Interest groups have stalled the construction of a liquids pipeline to the pacific coast! The same to be said for constructing a liquids pipeline south to the USA! Last night a major financial investor on public TV announced that with the price of oil dropping they would not be constructing an LNG plant on the west cost of Canada. At present most of the Canadian liquids infrastructure is filled to capacity. Sure let the price of a Barrel of oil come down....you can be assured that CANADA and the USA will slow down on their drilling programs as world cheep oil will stifle the economy of both Canada and the USA. In western Canada the province of Alberta hit a MOON CRATER with the last Leader! Butttt she was on board with get these pipelines built as Capitalism makes work, work is money, people with money tend to be happy, and more law abiding than those with out. The leader of British Columbia is surrounded by special interest groups that seem not to under stand that the MEDICAL system, Education system, infrastructure, Policing, etc, etc. etc., has to be paid for from natural resource sales. The fallout in western Canada with cheep world crude prices if it continues, will drive investors to other countries as a return on an investment is what money lenders look for.
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