The tarsands are only economical at a certain price per barrel. The attacks on Iraq and Somalia, along with threats against Venezuela, Iran and elsewhere all combine to drive that price up. This significantly leaves the US economic structures able to tighten their control on oil distribution around the world as they de-diversify their oil imports to heavy reliance on tarsand (mock) oil, growing in percentage at a incredible pace. Canada is ever more integrating this (mock) oil into the North American grid, at the behest of both Canadian and American corporations. While Iraq's oil is disrupted often, Canada has no national reserve system and the corporations are aiming to extract up to 25% of American economical daily requirements from the tarsands in less than a decade. With NAFTA Expanding into the "Security and Prosperity Partnership" (SPP) more and more of these policies become removed from the public realm and help maintain exploitation and war on the planet and people within it by a tag team of nation-states from North America.
Egypt crisis opens door for oil sands
John Ivison, National Post · Thursday, Feb. 3, 2011
The escalating tension in Egypt has provided Stephen Harper with an unexpected opportunity to push for a guarantee that there will be no border tax on Canada's oil sands when he visits U.S. President Barack Obama in Washington on Friday.
The two men are expected to sign a major security and trade deal, which will likely be long on promises and short on specifics.
Dramatic Shift in the Peak Oil Debate
Written by Kurt Cobb
Wednesday, 19 January 2011
If you write about, speak about, or talk with your family, friends and co-workers about peak oil, you've almost certainly been asked: "Well, who else is saying what you're saying?"
German Government Rejects Report ‘Peak Oil’ Occurred in 2010
By Rainer Buergin - Jan 24, 2011
Chancellor Angela Merkel’s government rejected a report by Germany’s armed forces that global crude-oil production reached its maximum last year, parliament’s HIB newsletter said.
Crude output “can be increased through 2035 under today’s conditions, assuming an optimal development and exploitation of reserves,” HIB said today, citing the government’s response to a query by the opposition Green party. The government’s outlook is based on International Energy Agency estimates, it said.
Extreme Offshore: The Hunt for Hard to Find Crude
Written by Al Fin
Thursday, 27 January 2011
Brazil's quest for extreme oil may cost as much as US$ 1 trillion. That is a lot of money to invest in a such a risky proposition -- to retrieve oil that is miles deep underwater. But oil prospectors and producers around the world are on the prowl for extreme crude -- found in places that previous generations would not have dreamed of going.
Harper’s embrace of ‘ethical’ oil sands reignites 'dirty' arguments
STEVEN CHASE
OTTAWA— From Saturday's Globe and Mail (January 08, 2011)
Stephen Harper is embracing the notion that Canada’s controversial oil sands are an “ethical” source of energy, strengthening his support of the maligned resource and kicking off a new chapter in the debate over what critics call “dirty oil.”
The Prime Minister told reporters Friday that his government wants to “explain to the world” that petroleum from Western Canada’s oil sands is superior in respects to crude from other countries.
Madagascar Oil tax in dispute before float
Rowena Mason
UK Telegraph 04 Jan 2011
Last month the Madagascar government announced that it planned to seize the oil group’s licences forcing Madagascar Oil to suspend trading in its shares just three weeks after the company floated on AIM.
The suspension was another blow to the reputation of the AIM market, coming just weeks after fellow oil minnow Desire Petroleum claimed to have found oil, only to admit days later that it was only water.
Devastation, Madagascar
France's Total and US based Madagascar Oil tangle with military governments to push tar sands projects forward
Macdonald Stainsby
December 27, 2010
Mediacoop.ca
What a perfect combination! Now Total can join in a partnership with the Canadian Boreal Initiative and fund the Pembina Institute, while Suncor can help dig up huge swaths of land all over Africa! It's a win, win!
--M
Suncor, Total team up on oil sands
NATHAN VANDERKLIPPE
CALGARY— From Saturday's Globe and Mail
Published Friday, Dec. 17, 2010 6:17AM EST
Tertzakian: Oilsands being claimed by cash-rich and resource-hungry Asia
By Peter Tertkzakian, Calgary Herald November 29, 2010
Alexander Dumas, 19th century French author of classics such as The Three Musketeers, offered a simple MBA formula, “Business? It’s quite simple. It’s other people’s money.”
