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Old 08-24-2005, 06:16 PM   #18
tjinaz
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My mistake on the decimal places. Still Canada only supplies less than 5% of US oil needs. You think they can't make up that 5% from elsewhere? Also you are discounting the MASSIVE US oil reserves. There is plenty of oil in the US that is untapped because it would not be profitable to do so. You make it profitable through raising the cost of alternatives, it will be drilled.

US uses 21m Canada supplies 1.6.

http://www.eia.doe.gov/pub/oil_gas/petrole...ent/import.html

California may have problems but Nevada and Arizona have surplus energy. Arizona already has 19 new power generation facilities proposed and additional power to come from the local Nuke plant. We have no power issues and are the fastest growing areas in the country.

Quote:
how its different than the Canadian market economy, I'm not sure
How is it then even Canadian Radio has to play 45% Canadian artists? Where the US is wide open. It is called protectionism.

I am not saying that Canada does not have the right or would be wrong to try to do something, but be careful what you wish for. If you tarriff the oil or gas, once the trade war is over the buyers may have found other sellers or found alternate methods to meet the needs, mainly from either Mexico or through tapping reserves in the US. Sure Canada can sell it else where but will be saddled with the additional cost of shipping where they can use a pipeline to the US. Also you open the door for US response. If they put an additional duty on all Canadian good as a reprisal who else will buy the goods the US does not? The US is the largest market in the world if it closes itself off to Canadian exports who will buy them? It all comes down to who will be hurt more if this escalates.
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