snousle: (castrocauda)
[personal profile] snousle
Just spent some time looking at overall US oil import figures for the past year - it's been a while since I've looked at this data, so I was surprised to see that Canada has risen to the top of the list of sources for US foreign oil imports. Besides being the #1 supplier, Canada also supplies more oil to the US than all of the Middle East combined.

I got curious about this because while cruising Wal-Mart the other day (one of my favorite time-wasters), I spied a man in a T-shirt that read "TAKE THEIR GAS AND KICK THEIR ASS". Given these latest figures, I must now presume he was making a statement about Canada. I wonder if his aggressiveness would extend to ordinary Canadian immigrants such as myself.

Date: 2010-01-05 09:13 pm (UTC)
ext_173199: (StupidDemons)
From: [identity profile] furr-a-bruin.livejournal.com
I didn't know this, but it makes sense - much cheaper and easier to pipeline oil from Canada than to ship it from the middle east.

As for the dude in the shirt... *sigh*

The sooner the USA transitions to renewable power and doesn't need much in the way of oil imports ... the better.

Date: 2010-01-05 09:43 pm (UTC)
From: [identity profile] p0lecat.livejournal.com
HAHAHA! We Canadians from Kanookistan have you Americans in our grips! HAHAHA!

Date: 2010-01-05 11:25 pm (UTC)
From: [identity profile] bluebear2.livejournal.com
Why wouldn't they just bring in the tanks and take what they want? That's their way. They're doing it now anyway, just more sneaky. Trade deals. Buying up our businesses and land. Having our politicians in their pocket.
Typical empire stuff.

Date: 2010-01-05 11:35 pm (UTC)
From: [identity profile] stivalineri.livejournal.com
Shouldn't we get some sort of credit for buying Canadian and helping Canada avoid the worst throes of the global downturn? I know it might cut into the Canadian national sport for complaining, but really, compared to England and France and Russia, as an evil empire the USA hasn't done as much harm to Canada as the others did.

Date: 2010-01-06 12:19 am (UTC)
From: [identity profile] sskroeder.livejournal.com
Speaking of the global downturn, from what I've heard Canada has actually performed a whole lot better that other mid-to-large/comparable industrialized nations.

Here in Denmark, we've had 17 banks closing in 2009 alone - and a significant quantity of our annual GDP has been tied up in loans/credit stimulus to the remaining banks...

In short Canada has performed significantly better in the financial arena than we have during this past year...

*) 17 banks may not seem like much, but remember that we are a nation of only 5.5 million people

Date: 2010-01-06 12:23 am (UTC)
ext_173199: (StupidDemons)
From: [identity profile] furr-a-bruin.livejournal.com
I don't know the situation in Denmark - but one of the reasons Canada's done better than the USA is they didn't do the idiotic massive de-regulation of banks that we did. Repealing key parts of the Glass-Steagall Act was one of the most moronic things our government has EVER done.

Date: 2010-01-06 01:02 am (UTC)
From: [identity profile] sskroeder.livejournal.com
Most of the problems in the Danish banking industry as been due to the funding freeze between banks (inter-bank funding) and in corporate realty.

We actually have somewhat reasonable regulation here - both on the national and through the European Union (mainly through the MiFID directive)

The Danish model for Mortgage-Backed Securities is an area where we are frontrunners, both by law and by general conduct. In fact we do MBSes so transparent here that Danish MBSes are considered as a MiFID-simple financial product, while all other European MBS instruments are considered MiFID-complex and thus have stricter regulation put upon them...
In short, Danish MBSes are a safer instrument than other European counterparts...

Date: 2010-01-05 11:32 pm (UTC)
From: [identity profile] jstregyr.livejournal.com
Yes, we 'Merikans should stop sucking at the greasy teat* of mideastern oil and start sucking at the sticky teat* of Albertan tar sands.

(* = Or perhaps some other appropriate organ... ;-)

Date: 2010-01-06 09:28 am (UTC)
From: [identity profile] broduke2000.livejournal.com
I'm thinking it would make more sense to send the crude from Canada to China. Then it gets processed, then the gas gets sent to the US via boat.

Makes about as much sense as using all Chinese steel on the SF bridge.

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