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U.S., China Compete for Canadian Energy Assets

Oilprice.com -- To hear Carlos Pascual, the U.S. State Department’s special envoy on international energy tell it, “The United States values Canada as its most important energy partner. There has never been a doubt about that. It is true now and it will continue to be true in the future.”

A year ago at the Gas & Oil Expo and Conference North America 2011 the U.S. Ambassador to Canada, David Jacobson, told his audience, “The United States and Canada have the closest energy relationship in the world. And the U.S. sees Canada as a pillar of our energy security. We will continue to work closely with Canada to address environmental concerns while securing reliable energy supply for the North American continent - something to which Canada - and specifically Alberta - contributes mightily.”

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Submitted May 15, 2012 By: NOTSOGRN

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adgam Champion Author Orange County Posts:2,261 Points:500,660 Joined:Nov 2011	Message Posted: May 15, 2012 10:34:21 PM Ignore adgam Report Abuse kk
mstearno Champion Author Dayton Posts:8,043 Points:1,727,235 Joined:Jan 2008	Message Posted: May 15, 2012 10:33:52 PM Ignore mstearno Report Abuse already do all over the world Obama backers have to understand at some point we run on energy unless they like the employment number where it is and notice I say employment because on this path we'll have unemployment at 2% (becaue everybody will fall off the rolls) while the number of working remains stagnant...
scrounger Champion Author Vancouver Posts:9,777 Points:3,040,685 Joined:Mar 2003	Message Posted: May 15, 2012 10:33:24 PM Ignore scrounger Report Abuse Much better we sell to the US than to Asia. China owns too much of North America and we need to return some of that offshore manufacturing to right here. [Edited by: scrounger at 5/15/2012 11:33:42 PM EST]
serrog Champion Author Nova Scotia Posts:5,544 Points:1,508,130 Joined:Oct 2008	Message Posted: May 15, 2012 10:31:40 PM Ignore serrog Report Abuse Wake up Keystone opponents!!!!!
Ray_10589 Champion Author New York Posts:4,921 Points:1,178,010 Joined:May 2009	Message Posted: May 15, 2012 10:31:06 PM Ignore Ray_10589 Report Abuse China owns us
pgerassi Champion Author Milwaukee Posts:10,876 Points:2,127,605 Joined:Apr 2007	Message Posted: May 15, 2012 10:29:29 PM Ignore pgerassi Report Abuse ok
Tucker16 Champion Author Ottawa Posts:1,149 Points:540,680 Joined:Jul 2006	Message Posted: May 15, 2012 10:28:45 PM Ignore Tucker16 Report Abuse We're a lot better friends to the US than places like Saudi Arabia.
JettaKnight Champion Author Toronto Posts:1,518 Points:2,098,870 Joined:Nov 2005	Message Posted: May 15, 2012 10:27:50 PM Ignore JettaKnight Report Abuse So many fools posting about US oil/energy independence by buying oil from Canada... in other words: being dependent upon another country for their oil independence. Sheesh!
animal_rights Sophomore Author Hartford Posts:117 Points:46,150 Joined:Feb 2012	Message Posted: May 15, 2012 10:23:03 PM Ignore animal_rights Report Abuse ok
24541 Champion Author Virginia Posts:1,107 Points:1,791,825 Joined:Mar 2004	Message Posted: May 15, 2012 10:22:17 PM Ignore 24541 Report Abuse Looks like Focus2 is drinking the Kool-Ade.
abcdMA Champion Author Worcester Posts:7,902 Points:1,570,980 Joined:Nov 2008	Message Posted: May 15, 2012 10:21:50 PM Ignore abcdMA Report Abuse and our adminsitrtion will probably let China have them
REKEY Champion Author South Carolina Posts:8,554 Points:1,694,440 Joined:May 2008	Message Posted: May 15, 2012 10:21:27 PM Ignore REKEY Report Abuse The PM of Canada is an idiot. He already threatened the US saying they would sell to China if the pipeline wasn't built. What a neighbor!
IUVidiot Champion Author Indiana Posts:3,565 Points:705,210 Joined:Jun 2011	Message Posted: May 15, 2012 10:19:01 PM Ignore IUVidiot Report Abuse Just do it
Focus2 Champion Author Illinois Posts:7,885 Points:1,917,300 Joined:Mar 2006	Message Posted: May 15, 2012 10:17:33 PM Ignore Focus2 Report Abuse kusanagisama - In reply to your statement of Obama rejecting the pipeline... Our President did not reject the XL pipeline! There were environmental issues that weren't worked out. HE said he would sign if there were no issues. He can't override state's rights and shouldn't. If that were allowed you would call him a dictator. Nebraska had issues about the route through the aquifer. There is a lot of politics played over the pipeline by the Republicans, also by Canada XL playing the card its for America's good and will create jobs! There will not be few jobs for Americans. The pipe will be made in India and shipped here. If it were made here it could create jobs for America.
BooHooMI Champion Author Michigan Posts:1,556 Points:344,610 Joined:Sep 2010	Message Posted: May 15, 2012 10:17:11 PM Ignore BooHooMI Report Abuse There is no competition.
PizzaMon Champion Author Philadelphia Posts:5,134 Points:1,857,955 Joined:Jun 2006	Message Posted: May 15, 2012 10:17:08 PM Ignore PizzaMon Report Abuse The US must not allow China to prevail with Canada.
SparkieMi Champion Author Kalamazoo Posts:3,239 Points:584,220 Joined:Sep 2011	Message Posted: May 15, 2012 10:15:59 PM Ignore SparkieMi Report Abuse Time will tell.....
iamforiu Champion Author Indiana Posts:3,550 Points:706,765 Joined:May 2011	Message Posted: May 15, 2012 10:15:38 PM Ignore iamforiu Report Abuse Let's hope the present administration wake up!
zaq001 Champion Author Atlanta Posts:3,955 Points:1,468,850 Joined:Oct 2008	Message Posted: May 15, 2012 10:15:36 PM Ignore zaq001 Report Abuse May the force be with us. The evil empire is amassing energy assets.
vegan_power Sophomore Author Hartford Posts:126 Points:51,030 Joined:Feb 2012	Message Posted: May 15, 2012 10:07:44 PM Ignore vegan_power Report Abuse we need to work with Canada
suzmar Champion Author Texas Posts:2,208 Points:869,060 Joined:Jun 2006	Message Posted: May 15, 2012 10:07:29 PM Ignore suzmar Report Abuse We wouldn't be having a competition if the Keystone XL had been approved in a timely manner.
30mpg80 Champion Author Lexington Posts:9,970 Points:1,482,880 Joined:Nov 2008	Message Posted: May 15, 2012 10:07:15 PM Ignore 30mpg80 Report Abuse The Keystone pipeline, with some alternate routing, will be built long before a pipeline through the Canadian Rocky Mountains.
unclemattie Veteran Author Atlanta Posts:289 Points:456,155 Joined:Oct 2011	Message Posted: May 15, 2012 10:06:21 PM Ignore unclemattie Report Abuse Ya see what happens when you wait too long. China takes over!
Lukus Champion Author Halifax Posts:8,263 Points:1,670,530 Joined:Nov 2007	Message Posted: May 15, 2012 10:02:35 PM Ignore Lukus Report Abuse The US didn't want the Canadian oil until China wanted it.
bvrbill Champion Author Eugene Posts:3,188 Points:514,625 Joined:Jul 2011	Message Posted: May 15, 2012 10:02:18 PM Ignore bvrbill Report Abuse I'd rather we get Canada's energy. Can't let China take over the world.
northerntruckgu Veteran Author Ontario Posts:495 Points:130,910 Joined:Nov 2011	Message Posted: May 15, 2012 10:01:54 PM Ignore northerntruckgu Report Abuse AS usual Canada is selling off its resorces We should make our own refineries then maybe Canadians will get a break at the pump 1.39 a litre come on about 5.42 a USA gallon
Fedorov91 Champion Author Tampa Posts:1,465 Points:876,510 Joined:Oct 2008	Message Posted: May 15, 2012 10:00:19 PM Ignore Fedorov91 Report Abuse Build Keystone NOW!!!
mrbee Champion Author Little Rock Posts:3,734 Points:2,461,830 Joined:Oct 2005	Message Posted: May 15, 2012 9:58:35 PM Ignore mrbee Report Abuse With the current White House, we will lose to China
Yonkers111 Champion Author Scranton Posts:8,321 Points:855,035 Joined:Apr 2007	Message Posted: May 15, 2012 9:58:08 PM Ignore Yonkers111 Report Abuse I don't think the Chinese will UNDER bid us.
grandamgt1 Champion Author Illinois Posts:2,326 Points:1,236,325 Joined:Apr 2008	Message Posted: May 15, 2012 9:56:31 PM Ignore grandamgt1 Report Abuse The chinese will under bid us every time.
chillyman3 Champion Author Illinois Posts:1,349 Points:421,065 Joined:Jan 2012	Message Posted: May 15, 2012 9:52:55 PM Ignore chillyman3 Report Abuse this is a joke
76chevy Champion Author Toledo Posts:3,980 Points:768,990 Joined:Jun 2010	Message Posted: May 15, 2012 9:52:08 PM Ignore 76chevy Report Abuse I doubt the Chinamin view US as competition, we are handicapped by an idiot that believes sending coal and oil to Asia is greener than using it here!
jdc17327 Champion Author Pennsylvania Posts:2,555 Points:197,565 Joined:May 2009	Message Posted: May 15, 2012 9:51:38 PM Ignore jdc17327 Report Abuse that's a crock!
kelly1016 Champion Author Victoria Posts:1,953 Points:352,940 Joined:Oct 2011	Message Posted: May 15, 2012 9:51:16 PM Ignore kelly1016 Report Abuse Kusanagisama Do you REALLYbelieve that your President does not want the best for his country? You may not agree with his decisions and those of his advisors, but the President does what he thinks is in the interest of the country. If he was acting against the country's interest, his Cabinet would act to unseat him or do you believe they are all in a conspiracy.
Is246 Champion Author Albuquerque Posts:1,005 Points:424,880 Joined:Apr 2011	Message Posted: May 15, 2012 9:49:07 PM Ignore Is246 Report Abuse The US must partner with Canada to achieve independence.
OKRifle Champion Author Oklahoma City Posts:10,382 Points:1,806,285 Joined:Oct 2007	Message Posted: May 15, 2012 9:48:20 PM Ignore OKRifle Report Abuse Then China will win and they don't take prisoners!
skyking19 Champion Author Little Rock Posts:1,995 Points:1,695,970 Joined:Jan 2007	Message Posted: May 15, 2012 9:42:48 PM Ignore skyking19 Report Abuse China will own them one day soon as well.
danreino Champion Author Twin Cities Posts:8,337 Points:1,537,705 Joined:Mar 2008	Message Posted: May 15, 2012 9:42:07 PM Ignore danreino Report Abuse Canadians can go take a FLYING LEAP into the St.Lawrence, St.Clair and or Rainy Rivers. Good riddance.
BKool Champion Author Michigan Posts:5,243 Points:1,896,305 Joined:Aug 2005	Message Posted: May 15, 2012 9:41:36 PM Ignore BKool Report Abuse US loses.
kelly1016 Champion Author Victoria Posts:1,953 Points:352,940 Joined:Oct 2011	Message Posted: May 15, 2012 9:41:17 PM Ignore kelly1016 Report Abuse Cardjcsk The oil belongs to Alberta not Canada. Alberta does not care where the oil goes as long as it is for the best price.
kusanagisama All-Star Author Texas Posts:708 Points:191,525 Joined:Feb 2011	Message Posted: May 15, 2012 9:38:41 PM Ignore kusanagisama Report Abuse Obama knew exactly what he was doing when he denied the pipeline. He wants China to have the oil and doesn't want the US to be energy independent.
kelly1016 Champion Author Victoria Posts:1,953 Points:352,940 Joined:Oct 2011	Message Posted: May 15, 2012 9:37:49 PM Ignore kelly1016 Report Abuse Firstly, Canada would sell oil to China regardless of Keystone and will sell to the US as well regardless of Keystone. Much of the oil sands investment comes from china and the US. The oil will go to the highest bidder the same as everywhere else and that world market includes India, Korea and Japan.
TDIdave Champion Author California Posts:5,038 Points:1,220,740 Joined:May 2006	Message Posted: May 15, 2012 9:37:27 PM Ignore TDIdave Report Abuse We need wind, solar and biofuels from algae instead. That's the future.
Focus2 Champion Author Illinois Posts:7,885 Points:1,917,300 Joined:Mar 2006	Message Posted: May 15, 2012 9:36:33 PM Ignore Focus2 Report Abuse More arm twisting. China has the money, our money and money talks. They could build refineries here too if they thought it would bring them something in return. Eastern Canada needs the oil but have no pipeline. Pipelines then could be built to the USA to the refineries that are in Pennsylvania that aren't making money buying expensive crude. Now, what's with the pop up adds on Gas Buddy telling Obama to drill now? We have more drilling today than anytime under George Bush.
ftlbear Rookie Author Dallas Posts:54 Points:234,015 Joined:Apr 2012	Message Posted: May 15, 2012 9:36:06 PM Ignore ftlbear Report Abuse It is much less costly to get the oil from Canada than the Middle East, but politics is keeping common sense from being used
cardjcsk Champion Author Toronto Posts:3,956 Points:1,870,810 Joined:Feb 2007	Message Posted: May 15, 2012 9:35:32 PM Ignore cardjcsk Report Abuse What about Canada
LaVonneK Champion Author Iowa Posts:2,920 Points:622,525 Joined:Jul 2011	Message Posted: May 15, 2012 9:32:14 PM Ignore LaVonneK Report Abuse Oh.
Yankee829 Champion Author Dallas Posts:2,186 Points:555,590 Joined:Sep 2010	Message Posted: May 15, 2012 9:28:47 PM Ignore Yankee829 Report Abuse Ok
RedskinGas Champion Author Tennessee Posts:2,003 Points:1,128,010 Joined:Jun 2006	Message Posted: May 15, 2012 9:28:01 PM Ignore RedskinGas Report Abuse There wouldn't be any competition if not for Obama.
GNReddy Sophomore Author Huntsville Posts:141 Points:58,375 Joined:Apr 2012	Message Posted: May 15, 2012 9:27:46 PM Ignore GNReddy Report Abuse ok
KWM2011 Champion Author Ontario Posts:1,451 Points:351,950 Joined:May 2011	Message Posted: May 15, 2012 9:27:32 PM Ignore KWM2011 Report Abuse Sell to China as well.
djm5x9 Champion Author Atlanta Posts:1,848 Points:519,230 Joined:Nov 2010	Message Posted: May 15, 2012 9:25:07 PM Ignore djm5x9 Report Abuse OK