Canada sells more oil to the United States than any other country does. We planned to sell another 830,000 barrels a day through the Keystone project carrying oil from Alberta to Texas. But a telephone conversation between Hillary Clinton and President Obama has delayed the Keystone pipeline until after the 2012 election and maybe has [...]
Posts Tagged ‘China’
SHOULD CANADA NOW SELL OIL TO ASIA?
November 14, 2011SHOULD CHINA BUY UP CANADA’S OIL AND GAS?
October 10, 2011China’s largest energy conglomerate, Sinopec, has made a bid to buy out an Alberta oil and gas company for $2.2. billion in cash. This bid comes amid a new push by Asian firms to lock up Canadian energy that could soon be loaded onto tankers and shipped across the Pacific. In buying Daylight, Sinopec is [...]
IS OUT-SOURCING THE WAY TO GO?
April 9, 2011Canada produces more maple syrup than any other country in the world. We also produced more hockey sticks than any other country in the world. Not any longer. Sher-Wood, making hockey sticks for more than 60 years in Sherbrooke, is transferring its hockey stick production to China to slash costs. About 40 employees will lose their [...]
