China eyes Canada oil, US's energy nest egg

http://news.yahoo.com/s/ap/20110626/ap_on_bi_ge/cn_canada_oil_rush

China eyes Canada oil, US's energy nest egg
By ROB GILLIES, Associated Press

CALGARY, Alberta – In the northern reaches of Alberta lies a vast reserve of oil that the U.S. views as a pillar of its future energy needs.

China, with a growing appetite for oil that may one day surpass that of the U.S., is ready to spend the dollars for a big piece of it.

The oil sands of this Canadian province are so big that they will be able to serve both of the world's largest economies as production expands in the coming years. But that will mean building at least two pipelines, one south to the Texas Gulf Coast and another west toward the Pacific, and that in turn means fresh environmental battles on top of those already raging over the costly and energy-intensive method of extracting oil from sand.

Most believe that both will eventually be built. But if the U.S. doesn't approve its pipeline promptly, Canada might increasingly look to China, thinking America doesn't want a big stake share in what environmentalists call "dirty oil," which they say increases greenhouse gas emissions...

I am glad that some Canadian officials are saying that Canadians are the ones who get to decide where the oil is sold. The U.S. is not automatically entitled to everything.

what ever they want??

For all the hype oil extracted from bitumen is little more offensive than any other "unconventional" recovery technique.

We need to transition to renewables so we don't find ourselves in a very bad position

I think they already can, they just haven't pushed too hard yet.

Hey, I thought we were pals.