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Gold/Mining/Energy : Canadian Oil & Gas Companies

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22jt

henryb

marcos

To: kidl who wrote (22933)	10/9/2014 5:09:44 PM
From: axial	3 Recommendations of 24928

The US has always acted in its own interests. Canadians who believe there's anything fair in our relationship are deluded. Ditto for any country adjoining any superpower. Just ask the Europeans. Or the Vietnamese. There's heavy north-south oil flow and will be, for decades. After ~2020 the US fracking party will begin to abate, Alaska will have dried up, and reality will return to perceptions. Both Canada and the US lag badly on per-capita alt energy; we won't be ready anytime soon. In the meantime, the goal is to alleviate dependence on the US market. NAFTA encouraged that dependence, but as the lumber industry painfully learned, the US will unilaterally abrogate any agreement -- tribunals and judgements be damned. Discussing recent events as if there's some newfangled "plan" disregards a consistent history in which US power and capital has been employed in soft exploitation of markets near and far. Canadian special status? Fantasy. For Canada, market diversification is the only rational counterplay. The alternative? Be a doormat. Nothing new here, folks. Move on. Jim

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