oilsands

Investors Jostle over the Oil Sands Prize

Think outside the box, friends. For sure, we do not want to continue helping the middle eastern Arabs who hate us. Bankrupting ourselves "to use their oil" is incredibly stupid.
Likewise, we do not need to destroy the planet to power our cars and computers. But all the whiners who insist on a single magic bullet to solve all problems keep denying that it is possible. I fear for the future of my grandchildren, both economically and environmentally. I also know that we can provide a much better future for them, but only over the objections of the vested interests who have no interest in the next generation.
Cheap oil is nearly gone. The price is just going up. We need to kick our addiction to petroleum for transport. Think what not buying all that Arab oil would do for our balance sheets.
Besides, the pipeline which China is having constructed from the oils sands processing plant to the port of Vancouver isn't there to provide oil to us. It is there to insure China's future supply. They don't need to own the production, only the transport.
There are hundreds of ways to beat the problem of power without buying Arab oil or despoiling the planet. Only the lazy and selfish deny that. My wife and I are happy to receive our oil checks, and have no fear that they will still arrive when we use natural gas, wind, solar, and hydro for energy we need. The value of oil for producing products will always be high; we do not need to burn it up.