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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Jim P. who wrote (141693)11/8/2010 12:57:47 AM
From: elmatador  Respond to of 206336
 
It is not date it is data.

What is the significant deviation from?
Oilsands now represent 61 per cent of Canada's total known oil reserves and that figure is expected to continue increasing in the future as a whole array of multi-billion dollar mining projects are built.

and the question put was:
"It would be nice to know if Canadians will have NG for things other than tar sands and exports to the US. Half of all Canadian homes are heated primarily by natural gas and about 6% of Canada's electricity sector relies on natural gas, a lot of which is used as peak electricity generation."

Those are the major points.

Flowing from them we must think:
Would not Canada and the US be hellbent on getting gas shale out of the ground, with a Petrobasian hunger for the stuff?

I look at the situation and I see Quebec and Pennsylvania both thinking green and telling the water is going to be polluted.

I say that because Brazil is self sufficient in energy barred NG which is being developed.

And even though Brazil is self sufficient, it is making all kind of efforts (and investing really big) to get more oil and gas.

I see a big disconnection on the north and south American cases.