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U.S. Vice-President Dick Cheney is to jet into Alberta next month for an oilsands tour, further cementing the vital role Canada will play in supplying crude to the world's biggest energy consumer.
Premier Ralph Klein surprised his aides Friday by revealing at the premiers meeting in Banff that U.S. President George W. Bush's right-hand man would arrive in September for a primer on the multibillion-dollar oilsands projects in northeastern Alberta.
Cheney's visit is "a sign that Alberta is becoming America's gas tank," said Lindsay Telfer, the Sierra Club's regional director.
Alberta's energy minister says Ottawa and B.C. have no right to use the province's oil and gas as a bargaining chip in the softwood lumber dispute with the U.S., as suggested by B.C. Premier Gordon Campbell.
Greg Melchin said Alberta's coveted oil and gas reserves are, as are the resources of any other province, not to be used as pawns in any disagreement over trade, and should not be treated as such by Prime Minister Paul Martin or any premier.
"It isn't their role to direct oil and gas policy for Alberta," Melchin said.
"You don't go negotiating energy issues in the world without Alberta at the front and at the table."
Originally posted by highgroundsys0p
How easy would it be to get the Canadian public to back a comprehensive and exclusive American investment and development of the entire Tar Sands if there were say - a major terrorist attack somewhere in the "Western" world (including Iraq) that day?
Earlier this spring, Canadian pipeline giant Enbridge Inc. (TSX:ENB) announced that it had signed a preliminary deal with PetroChina to anchor a new, $2.5-billion oilsands pipeline to the West Coast. From there, crude could be put on tankers destined for a variety of Asian markets including China.
In April, CNOOC bought nearly 17 per cent of privately held Canadian oilsands company MEG Energy Corp. for $150 million.
One month later, large Chinese refiner Sinopec Group paid $105 million for a 40 per cent stake in privately owned Synenco Energy Inc.'s Northern Lights oilsands project.
www.rigzone.com
REGINA, Canada (AP) -- The Canadian government on Tuesday hinted at an escalating trade war with the United States, with two federal ministers warning of tariffs on American products in retaliation for Washington's policies against Canadian lumber.
Trade Minister Jim Peterson is identifying areas where Canadian tariffs could put maximum pressure on the U.S. economy with minimal damage domestically, two of his cabinet colleagues told reporters attending a Liberty Party caucus in western Canada.
Originally posted by anxietydisorder
If some Dick wants to come look at our greasy sand, he's welcome to look.
It's all alvailable at a fair market price, and we have no other customers. YET........
U.S. Vice President Dick Cheney has postponed a visit to Canada later this week in the wake of Hurricane Katrina, officials said Sunday.
Cheney had planned to visit Alberta on Thursday and Friday, stopping first in Calgary, then visiting Fort McMurray and touring the massive tar sands projects there.