Yep Horse.......exactly right! A gong show of immense proportions!
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The US market for Canadian oil is shrinking because of increases in US production and reduced demand. Canada imports 40% of its oil at higher world prices. Why are we not building pipelines to Ontario and Quebec to offset the higher priced imports in central and eastern Canada? That would be much better long term investment and provide a lot more energy security.
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chuckChuck: You ask WHY we are not building pipelines to eastern Canada? Its because that would make too much sense. Our federal government and these pinheads in Alberta are about as clueless as they come. They would rather we be warehouses of raw materials to supply the USA and China and let those countries do the value-adding and then IMPORT products back at a higher cost.
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