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14 Posts
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Congratulations on the rebounding of your economy
by Evie May 2, 2006 12:09AM PDT

Unemployment down, currency value up. Good. 3.1% not too shabby. Good thing y'all got oil Happy

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Response
by JP Bill May 2, 2006 12:15AM PDT

Good for us (Canada)

Good for US (you)

I have yet to hear the President refer to Canada, when he lists the "foreign countries", that the US depends on for oil.

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(NT) (NT) We depend on a lot of foreign countries for oil. So?
by Evie May 2, 2006 12:16AM PDT
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So
by JP Bill May 2, 2006 12:43AM PDT

Doesn't the President want Americans to know/realize that (approx 55%) oil imports come from Canada?

Does he think everyone already knows that?

Does he consider Canada a "foreign country"?

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55%? That's good.
by EdH May 2, 2006 12:54AM PDT

I hope you are enjoying your "evil" profits.

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I'll correct myself
by JP Bill May 2, 2006 1:56AM PDT
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(NT) (NT) Still not bad.
by EdH May 2, 2006 2:02AM PDT
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Last I checked
by Evie May 2, 2006 2:46AM PDT

Canada had not yet been promoted to the 51st state of the USA status.

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What percent do we import from Canada?
by EdH May 2, 2006 12:49AM PDT

Could be wrong but I believe it's rather low.

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Here's how much.
by Angeline Booher May 2, 2006 2:45AM PDT
The top sources of US crude oil imports for February were Mexico (1.774 million barrels per day), Canada (1.710 million barrels per day), Saudi Arabia (1.418 million barrels per day), Nigeria (1.342 million barrels per day), and Venezuela (1.178 million barrels per day). The rest of the top ten sources, in order, were Angola (0.464 million barrels per day), Iraq (0.450 million barrels per day), Ecuador (0.222 million barrels per day), Brazil (0.164 million barrels per day), and Algeria (0.163 million barrels per day). Total crude oil imports averaged 9.897 million barrels per day in February, which is an increase of 0.184 million barrels per day from January 2006. The top five exporting countries accounted for 75 percent of United States crude oil imports in February and the top ten sources accounted for approximately 90 percent of all U.S. crude oil imports.

Canada was the largest exporter of total petroleum products again this month averaging 2.262 million barrels per day to the United States which is a decrease from last month (2.311 million barrels per day). The second largest exporter of total petroleum products again this month was Mexico (1.878 million barrels per day) which was an increase from last month (1.796 million barrels per day). Nigeria had a substantial increase in crude oil and total petroleum exports to the U.S. when compared to volumes last month

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

Angeline
Speakeasy Moderator
click here to email
semods4@yahoo.com
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Maybe because some countries are not part of OPEC
by Dragon May 2, 2006 2:07AM PDT

They aren't referred to as 'foreign.'

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This piece is just for fun.
by Angeline Booher May 2, 2006 2:50AM PDT
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We don't need to annex Alberta!
by Evie May 2, 2006 3:40AM PDT

We have considerable shale right here in the good old continental USofA!!

http://www.hcn.org/servlets/hcn.Article?article_id=11056

Interesting to note: When oil companies profit, they have more leeway to invest in risky projects. Also of interest, when oil companies profit, they EMPLOY people in excellent paying jobs.

Evie Happy

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(NT) (NT) Texas crude was $70 in mid-2005
by Mac McMullen May 2, 2006 4:14AM PDT
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