Heckuva job:
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.
Currently, 99 percent of Canada’s crude exports go to the U.S., a figure that Harper wants to reduce in his bid to make Canada a “superpower” in global energy markets.
The rest here.
Way to go, Canada!
Reply to this commentLinkReport AbuseBarry has made a lot of stupid decisions, but this one is one of the dumber ones, because it was a EASY yes. Would have scored easy points for him from labor. His green buddies will vote for him no matter, so even if they got mad for a while, who else are they gonna vote for, a Republican?
Another 30,000 good jobs not created by Obamanomics..........
Reply to this commentLinkReport AbuseChina buying and drilling from Cuba into the Gulf. China buying from Canada.
There Will Be Blood: China says to America, I drink your milkshake. Obama says to America, I drink your milkshake. The one and only difference is, Obama has a myopically adversarial belief that the milkshake is both wrong and bottomless.
Reply to this commentLinkReport AbuseIt seems to me this decision was also based on pique. Obama didn't like being forced to make a decision so he stamped his foot and said NO! He showed us alright. Jobs and the economy count for little in comparison to the Great Ego.
Reply to this commentLinkReport AbuseWhat's surprising to me is how anybody could have expected any other outcome. The President can't very well have any shovel-ready infrastructure project for useful energy, paid for without taxpayer funds, that might create jobs and lower energy costs which would later be used in an unfavorable comparison with his stimulous, now, can he?
As my captcha indicated, it was a "foregone conclusion"!
Reply to this commentLinkReport AbuseMilitarily the US is a treacherous, backstabbing ally, and commercially a navel-gazing, delusional coward. Good on the Canadians for telling America to take a hike.
I suspect Canadians have realized that it wouldn't matter if the Republicans were in power; as the Bush administration showed, the GOP has a pandering Green streak when it comes to refusing to remove barriers to energy development. That means Canada has to look out for its own strategic future by creating alternatives -- they would be fools to trust the US government.
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