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Canadian endless supply of oil

If any of you Canucks think your government has any control over oil- you have another think coming..If any of us Yanks think our US government has any control over oil- we have another think coming...

The multinational oil corporations and the Cartels tell us all where to bow and when- and we and our leaders bow and kiss their feet......

Even some of the most conservative corporate backers are starting to look at and question these 200-300% yearly profits- especially now when reserves are rebuilt and local demand is down....

But they won't do anything...

I'd give anything for a good old Teddy Roosevelt President again.......
 
Oldtimer said:
If any of you Canucks think your government has any control over oil- you have another think coming..If any of us Yanks think our US government has any control over oil- we have another think coming...

The multinational oil corporations and the Cartels tell us all where to bow and when- and we and our leaders bow and kiss their feet......

Even some of the most conservative corporate backers are starting to look at and question these 200-300% yearly profits- especially now when reserves are rebuilt and local demand is down....

But they won't do anything...

I'd give anything for a good old Teddy Roosevelt President again.......
That is funny as I was told that Canada has rules in place that forbid the exporting of fuel until all Canadian needs are met and then and only then can the surpluses be exported to the highest bidder. :???:
 
Tam said:
Oldtimer said:
If any of you Canucks think your government has any control over oil- you have another think coming..If any of us Yanks think our US government has any control over oil- we have another think coming...

The multinational oil corporations and the Cartels tell us all where to bow and when- and we and our leaders bow and kiss their feet......

Even some of the most conservative corporate backers are starting to look at and question these 200-300% yearly profits- especially now when reserves are rebuilt and local demand is down....

But they won't do anything...

I'd give anything for a good old Teddy Roosevelt President again.......
That is funny as I was told that Canada has rules in place that forbid the exporting of fuel until all Canadian needs are met and then and only then can the surpluses be exported to the highest bidder. :???:

Tam---Is that kind of like the BSE rules that both the US and Canada had in place back in May 2003-- that the TSE experts and scientists spent years developing to safeguard the consumers and herds- that were all thrown by the wayside in months when Multinational Corporate dollarsigns were waved in front of the bureaucrats and politicians :???: :lol:
 
Oldtimer said:
Tam said:
Oldtimer said:
If any of you Canucks think your government has any control over oil- you have another think coming..If any of us Yanks think our US government has any control over oil- we have another think coming...

The multinational oil corporations and the Cartels tell us all where to bow and when- and we and our leaders bow and kiss their feet......

Even some of the most conservative corporate backers are starting to look at and question these 200-300% yearly profits- especially now when reserves are rebuilt and local demand is down....

But they won't do anything...

I'd give anything for a good old Teddy Roosevelt President again.......
That is funny as I was told that Canada has rules in place that forbid the exporting of fuel until all Canadian needs are met and then and only then can the surpluses be exported to the highest bidder. :???:

Tam---Is that kind of like the BSE rules that both the US and Canada had in place back in May 2003-- that the TSE experts and scientists spent years developing to safeguard the consumers and herds- that were all thrown by the wayside in months when Multinational Corporate dollarsigns were waved in front of the bureaucrats and politicians :???: :lol:

''oh my''
 
mwj said:
Oldtimer said:
Tam said:
That is funny as I was told that Canada has rules in place that forbid the exporting of fuel until all Canadian needs are met and then and only then can the surpluses be exported to the highest bidder. :???:

Tam---Is that kind of like the BSE rules that both the US and Canada had in place back in May 2003-- that the TSE experts and scientists spent years developing to safeguard the consumers and herds- that were all thrown by the wayside in months when Multinational Corporate dollarsigns were waved in front of the bureaucrats and politicians :???: :lol:

''oh my''
Oldtimer certainly is "special".
 
mwj said:
Oldtimer said:
Tam said:
That is funny as I was told that Canada has rules in place that forbid the exporting of fuel until all Canadian needs are met and then and only then can the surpluses be exported to the highest bidder. :???:

Tam---Is that kind of like the BSE rules that both the US and Canada had in place back in May 2003-- that the TSE experts and scientists spent years developing to safeguard the consumers and herds- that were all thrown by the wayside in months when Multinational Corporate dollarsigns were waved in front of the bureaucrats and politicians :???: :lol:

''oh my''
At least is wasn't "Time for bed"
 
Econ101 said:
I read an article on how much natural gas was used to get the oil out of the sands. Kind of like calculating how much energy it takes to get ethanol out of corn (isn't that where Johannes is from in business?). A whole bunch. I don't know the exact figures, but if it takes a lot of energy to get the oil out, you have to subtract that from the oil reserves.


Econ, if you are referencing the Cornell study of many years ago on ethanol production, the process has changed and ethanol is very economically produced in modern plants with by-products adding to the value. Seems there was some connection between that Cornell researcher and some oil industry interests who did not want ethanol produced back then. Some "big oil" interests now seem to be on board with ethanol being a more reasonable way to clean up gasoline than some more difficult proposals.

MRJ
 
MRJ said:
Econ101 said:
I read an article on how much natural gas was used to get the oil out of the sands. Kind of like calculating how much energy it takes to get ethanol out of corn (isn't that where Johannes is from in business?). A whole bunch. I don't know the exact figures, but if it takes a lot of energy to get the oil out, you have to subtract that from the oil reserves.


Econ, if you are referencing the Cornell study of many years ago on ethanol production, the process has changed and ethanol is very economically produced in modern plants with by-products adding to the value. Seems there was some connection between that Cornell researcher and some oil industry interests who did not want ethanol produced back then. Some "big oil" interests now seem to be on board with ethanol being a more reasonable way to clean up gasoline than some more difficult proposals.

MRJ

I don't remember the exact study, MRJ. I have heard that switch grass is better than corn for ethanol production than corn. I don't know. When one looks to see if corn will replace a significant part of our fuel needs, you have to see how much fuel it takes to produce that corn. That includes all of the tractors in the field down to the actual making of the fuel with the corn. I want to know the actual dollar value oil has to be to make corn a viable source of energy. To find that out, you have to see how much total energy it takes to grow corn.

The economics of it were not enough to get that industry off the ground without a lot of govt. funding (cheap oil). My point with Johannes is that he was a part of this "fake" economy that relies on govt. handouts (welfare). While you can make the argument that govt. funded research and money is needed to start off a new industry, and that long term planning of govt. in that regards is important, why would you pick a secretary of Ag. that was so influenced by this govt. welfare in his last job to see over an agriculture market that is supposed to be based on the "free market"?

Are our agriculture markets free anymore or do they require the pursestrings of our govt. to remain viable?
 

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