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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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honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: May 18, 2012 11:04:11 PM Ignore honda0105 Report Abuse mrbee: and you think any other politician would be doing less harm? Or would be able to stop China? Good luck.
honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: May 18, 2012 11:01:11 PM Ignore honda0105 Report Abuse we taught China (too) well...
Chris46 Champion Author Dayton Posts:23,954 Points:2,107,475 Joined:Sep 2005	Message Posted: May 16, 2012 8:03:13 PM Ignore Chris46 Report Abuse China has the money.
Ebaz Champion Author Oklahoma City Posts:3,340 Points:737,965 Joined:Apr 2011	Message Posted: May 16, 2012 7:44:31 AM Ignore Ebaz Report Abuse The pipeline is being built by transcanada. Old info. No use posting troll food.
Ray_10589 Champion Author New York Posts:5,081 Points:1,210,460 Joined:May 2009	Message Posted: May 16, 2012 5:47:50 AM Ignore Ray_10589 Report Abuse Obama need to be one term
tomok Champion Author Portland Posts:33,584 Points:2,373,210 Joined:Aug 2006	Message Posted: May 16, 2012 3:27:27 AM Ignore tomok Report Abuse The US needs to work much More closely with Canada and stop butting heads with each other. Whatever the US does not negotiate with Canada, the Chinese will take. Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction and receive the huge federal tax income for oil. Barry's economy is not improving but continues to hurt the population. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible! The price of fuel at the pump is too high! 12/22/2012!
Jeff1944 Champion Author South Dakota Posts:4,342 Points:1,100,285 Joined:Jan 2010	Message Posted: May 16, 2012 12:11:47 AM Ignore Jeff1944 Report Abuse Obama killed this deal with his leaning on the Keystone XL pipeline in favor of the greenies.
Aviator_Rob Champion Author New York Posts:3,985 Points:440,290 Joined:Mar 2012	Message Posted: May 15, 2012 11:41:22 PM Ignore Aviator_Rob Report Abuse us4usa commented on Focus2, Focus2:""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."" "Well someone will need to dig the ditch, or are you saying that will NOT be Americans???" How pathetic have we become as a nation that we're glad to take ditch digging jobs to help provide oil for other countries??? This oil is not going to America. It's going to the highest bidder.
Aviator_Rob Champion Author New York Posts:3,985 Points:440,290 Joined:Mar 2012	Message Posted: May 15, 2012 11:37:15 PM Ignore Aviator_Rob Report Abuse Liberty 2000 said, "Maybe the administration will give China money to develop Canadian oil. Since they won't permit development of our own oil resources." What are you talking about? Which countries have more oil wells, drilling platforms, oil & gas pipelines than the U.S.? Seriously, which countries? We have the most oil and gas infrastructure of any industrialized country because we use a full 25% of the world's energy resources, even though we're only 4% of the world population. In the interest of Liberty, I say we drill in George Washington's nose on Mt. Rushmore.
Aviator_Rob Champion Author New York Posts:3,985 Points:440,290 Joined:Mar 2012	Message Posted: May 15, 2012 11:31:37 PM Ignore Aviator_Rob Report Abuse g747said, "We need to allow the Canadian Pipeline to run to the gulf,northwest, southwest, northeast, refineries to stabilize prices." Which pipeline runs under your house, g747?
Aviator_Rob Champion Author New York Posts:3,985 Points:440,290 Joined:Mar 2012	Message Posted: May 15, 2012 11:29:42 PM Ignore Aviator_Rob Report Abuse bobdec said, "Obama does not have the guts of smarts to outdue China" What do you suggest we do, bobdec? We already have our military spread out, all over the globe. Where do you plan on finding the troops to deal with China? And if you're thinking of sanctions or tariffs, big business would never go for that. American business starts to drool whenever they think of the 1.3 billion new customers for their products.
Aviator_Rob Champion Author New York Posts:3,985 Points:440,290 Joined:Mar 2012	Message Posted: May 15, 2012 11:25:54 PM Ignore Aviator_Rob Report Abuse GasholeMIsaid, "The US can build the pipeline and insure crude supplies. Why don't we?" I ask you, "Why do we have to pay for the pipeline?" Are you willing to shell out the cash from your own pocket? There is no need to "insure crude supplies". Have we had any sort of fuel shortage since the 1970s?" OPEC will never, ever, embargo the U.S. again because they can't afford to. OPEC needs to run their oil wells at full throttle to fund their export-driven economies. Whenever Saudi Arabia tries to get the other OPEC member countries to cut supply, they just ignore Saudi and pump oil on the sly.
LostToo Champion Author Illinois Posts:4,392 Points:975,315 Joined:May 2009	Message Posted: May 15, 2012 11:23:45 PM Ignore LostToo Report Abuse What a crock of %&%@(*&%$.
itsjustme719 All-Star Author Hamilton Posts:612 Points:617,620 Joined:Dec 2010	Message Posted: May 15, 2012 11:22:09 PM Ignore itsjustme719 Report Abuse Canadian oil should stay in Canada. Prices are higher than what you pay in the US. We should be using oil own oil rather than importing foreign oil!
crreed1 Champion Author West Virginia Posts:2,100 Points:2,550,715 Joined:May 2005	Message Posted: May 15, 2012 11:16:55 PM Ignore crreed1 Report Abuse old bs
rahcat Champion Author Grand Rapids Posts:2,681 Points:689,900 Joined:Jan 2010	Message Posted: May 15, 2012 11:14:59 PM Ignore rahcat Report Abuse Yessterdays news.
N4PIP Champion Author Miami Posts:1,010 Points:445,055 Joined:Jan 2012	Message Posted: May 15, 2012 11:13:32 PM Ignore N4PIP Report Abuse This is just political posturing. Canada wants U.S. taxpayers and corporations to fund their projects by holding the specter of a Chinese venture over our heads. Don't be gullible and buy into this garbage. Let Canada pay for it's own oil profiteering. Do Americans have to be suckers? No!
yakstar Champion Author Montreal Posts:2,555 Points:506,475 Joined:Jan 2012	Message Posted: May 15, 2012 11:13:25 PM Ignore yakstar Report Abuse what else is new?
mcmonsta Champion Author Honolulu Posts:3,342 Points:844,495 Joined:Sep 2009	Message Posted: May 15, 2012 11:11:57 PM Ignore mcmonsta Report Abuse wait too long & it be gone....
GasholeMI Champion Author Lansing Posts:10,274 Points:1,745,015 Joined:Jul 2008	Message Posted: May 15, 2012 11:11:34 PM Ignore GasholeMI Report Abuse The US can build the pipeline and insure crude supplies. Why don't we?
bobdec Champion Author Miami Posts:9,104 Points:1,797,520 Joined:May 2008	Message Posted: May 15, 2012 11:10:23 PM Ignore bobdec Report Abuse Obama does not have the guts of smarts to outdue China
joel27nc Champion Author Raleigh Posts:10,672 Points:1,885,095 Joined:Mar 2008	Message Posted: May 15, 2012 11:09:16 PM Ignore joel27nc Report Abuse Can't let China take over the world.
kelly1016 Champion Author Victoria Posts:1,953 Points:353,065 Joined:Oct 2011	Message Posted: May 15, 2012 11:09:00 PM Ignore kelly1016 Report Abuse The oil belongs to Alberta. They can sell it whom ever they wish and nobody is entitled to it. The US has had cheap access for some time but that will end if/when they can get to to the coast and it can be sold at world price. That is thier right, however, the oil is landlocked and they do not have a right to ship through BCor the states. They need to share the benifit with those whose coast and territory is put at risk moving it to market. I have heard little from Alberta or Harper regarding royalties for right of way to get oil though the territories thier pipelines transit.
BobD2009 Champion Author Long Island Posts:7,129 Points:1,267,485 Joined:Apr 2009	Message Posted: May 15, 2012 11:08:59 PM Ignore BobD2009 Report Abuse With Obama the odds are against us.
unicornpmb Champion Author Buffalo Posts:8,626 Points:1,656,240 Joined:Sep 2005	Message Posted: May 15, 2012 11:07:21 PM Ignore unicornpmb Report Abuse Hope we don't lose this opportunity.
rawdog1313 Champion Author Lexington Posts:3,439 Points:1,670,505 Joined:May 2008	Message Posted: May 15, 2012 11:07:15 PM Ignore rawdog1313 Report Abuse Whatever........
viperND Champion Author South Bend Posts:3,452 Points:762,665 Joined:Apr 2011	Message Posted: May 15, 2012 11:07:12 PM Ignore viperND Report Abuse yep
rickone All-Star Author Detroit Posts:660 Points:418,025 Joined:May 2004	Message Posted: May 15, 2012 11:06:41 PM Ignore rickone Report Abuse Interesting - Thanks for posting.
TheeRedRam Champion Author Hartford Posts:3,303 Points:700,335 Joined:Jun 2011	Message Posted: May 15, 2012 11:05:17 PM Ignore TheeRedRam Report Abuse Hummmmmmm
DozenSpeed Champion Author St. Louis Posts:1,293 Points:391,550 Joined:Sep 2011	Message Posted: May 15, 2012 11:02:20 PM Ignore DozenSpeed Report Abuse No competing with this prez....
radiorumor Champion Author Texas Posts:2,946 Points:781,315 Joined:Feb 2011	Message Posted: May 15, 2012 10:58:51 PM Ignore radiorumor Report Abuse And their president doesn't like XL either
WinderGuy Champion Author Georgia Posts:2,965 Points:956,010 Joined:Mar 2008	Message Posted: May 15, 2012 10:58:32 PM Ignore WinderGuy Report Abuse Ok
flghtmedic All-Star Author Pensacola Posts:517 Points:384,705 Joined:Apr 2006	Message Posted: May 15, 2012 10:57:16 PM Ignore flghtmedic Report Abuse Ok
tidalwave3 Champion Author Tallahassee Posts:1,366 Points:1,488,765 Joined:Jun 2008	Message Posted: May 15, 2012 10:55:37 PM Ignore tidalwave3 Report Abuse Am I the only one seeing this coming ?
Ahking Champion Author Orange County Posts:3,599 Points:621,360 Joined:May 2011	Message Posted: May 15, 2012 10:55:29 PM Ignore Ahking Report Abuse isn't that the capitalist open competition free trade system? so, what's new?
drobbbb Champion Author Maryland Posts:3,590 Points:837,010 Joined:Dec 2010	Message Posted: May 15, 2012 10:50:43 PM Ignore drobbbb Report Abuse ok
g747 Champion Author Mobile Posts:4,677 Points:960,395 Joined:Jul 2009	Message Posted: May 15, 2012 10:50:37 PM Ignore g747 Report Abuse We need to allow the Canadian Pipeline to run to the gulf,northwest, southwest, northeast, refineries to stabilize prices.
Liberty2000 Champion Author Indianapolis Posts:1,756 Points:282,435 Joined:Jun 2007	Message Posted: May 15, 2012 10:50:02 PM Ignore Liberty2000 Report Abuse Maybe the administration will give China money to develop Canadian oil. Since they won't permit development of our own oil resources.
aggietim Champion Author Fort Worth Posts:1,831 Points:716,450 Joined:Oct 2008	Message Posted: May 15, 2012 10:48:48 PM Ignore aggietim Report Abuse hmm
jrsva Champion Author Virginia Posts:9,999 Points:1,639,950 Joined:Jan 2006	Message Posted: May 15, 2012 10:48:16 PM Ignore jrsva Report Abuse Keystone XL would create some US jobs if it was built. Excavation contractors and welders will be needed during construction and probably cleanup experts later on. But do we want to do something otherwise absurd just to create a few jobs? Perhaps we could import all the Canadian trash and bury it in giant landfills; that would create jobs too and make about as much sense.
sickhp Champion Author San Antonio Posts:1,487 Points:543,440 Joined:Sep 2011	Message Posted: May 15, 2012 10:47:32 PM Ignore sickhp Report Abuse Drill baby drill in America.
bonzoonfmb Champion Author Florida Posts:1,817 Points:664,160 Joined:Feb 2010	Message Posted: May 15, 2012 10:46:21 PM Ignore bonzoonfmb Report Abuse Don't worry U.S. people. There is a secret treaty that says Canada is going to be the U.S.'s bitch if push comes to shove.
DustyHorse Champion Author Virginia Posts:6,222 Points:1,417,740 Joined:Oct 2008	Message Posted: May 15, 2012 10:41:50 PM Ignore DustyHorse Report Abuse Build the Keystone pipeline.
judgemobile Champion Author Ohio Posts:7,703 Points:2,472,595 Joined:Nov 2005	Message Posted: May 15, 2012 10:41:28 PM Ignore judgemobile Report Abuse Bummer only values his Muslim buddies--He STOPPED the Keystone pipeline from Canada.
carloco75 Champion Author Richmond Posts:3,848 Points:627,720 Joined:Oct 2010	Message Posted: May 15, 2012 10:40:39 PM Ignore carloco75 Report Abuse China...such a great "frienimy"
us4usa Champion Author Missouri Posts:6,120 Points:1,137,585 Joined:May 2008	Message Posted: May 15, 2012 10:36:37 PM Ignore us4usa Report Abuse Focus2:""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."" Well someone will need to dig the ditch, or are you saying that will NOT be Americans???
themaninthehat Champion Author New Orleans Posts:1,824 Points:472,265 Joined:Feb 2011	Message Posted: May 15, 2012 10:35:59 PM Ignore themaninthehat Report Abuse That same old "oil" with tar and in it?
mgune9 All-Star Author Dallas Posts:914 Points:200,395 Joined:Feb 2012	Message Posted: May 15, 2012 10:35:03 PM Ignore mgune9 Report Abuse we should be good trade partners with Canada and Mexico - but Mexico needs to help us with our border problems also
adgam Champion Author Orange County Posts:2,269 Points:509,545 Joined:Nov 2011	Message Posted: May 15, 2012 10:34:21 PM Ignore adgam Report Abuse kk
mstearno Champion Author Dayton Posts:8,174 Points:1,755,920 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...