Saturday, July 5, 2008
Canadian Gasoline prices
Ask yourself if you will, why isn't Canada self sufficient in oil production and refining? Why is gas so expensive in Canada? Did you know the US imports more crude oil from Canada than from any other oil producing countries including the Saudi Arabia? If Canada has that much oil to ship most of it to the US then what is really going on? The answer is the oil companies sell to the highest bidder regardless of nationality.
When the oil companies wanted to build the Alaskan Pipeline in the 60s the arguments were the same as today with Anwar. We need the oil to be self sufficient vs the environment of the North Slope . However as soon as the pipeline was eventually finished in Alaska, the oil companies couldn't wait to sell it to the Japanese!