Quote:
Originally Posted by Undertoad
All our money should now go to Canada, to help them retrieve oil from the tar sands. |
We might want to be careful about sending all our money in that direction. In 2006, the National Energy Board, Canada's regulatory agency, did start to look more closely at U.S. markets. However, prior to mid-2006 the focus was on shipping crude to Asia, with a pipeline from Alberta to the Pacific coast due for completion in 2009. Prices in the U.S. have risen; if they rise in Asia again, the crude will go there. Canada will be determined not to commit itself to primarily U.S. sales.