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Hail Canada!!!
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| LazFX |
So basically Canada Told Opec to SUCK IT!!
God I love you people..
| quote: | OPEC president calls on Canada to develop ties to cartel
DAVID EBNER
Globe and Mail Update
Calgary — Canada would benefit from closer ties with the Organization of Petroleum Exporting Countries, the head of the oil cartel said in Calgary Monday ahead of a visit to the Alberta oil sands.
“Canada could well get to a point where they would have to begin to listen to what OPEC is saying ... and maybe, god knows, even a common dialogue with OPEC,” Edmund Daukoru, OPEC president and Nigerian oil minister, told a gathering of reporters at a meeting hosted by FirstEnergy Capital Corp., which organized the visit.
Canada, already the No. 1 exporter of crude oil to the United States, produces about 2.5-million barrels of oil a day, putting it among top 10 global producers. Output is predicted to rise to 4.5-million b/d by 2015 as oil sands production increases. That level would make Canada the No. 4 producer in the world, behind only Saudi Arabia, Russia and the U.S.
Signing on Canada as an official or even unofficial OPEC member would be a coup for the cartel. But Canada doesn't seem all that interested.
Related to this article
(AP)
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It's not like there is any plan here in Alberta for any sort...
Possible facilitation of stability in international oil markets...
Wouldn't we have to nationalize the energy program to join OPEC...
Yeah, but for all you lefties who don't think it is a good idea...
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Earlier this month, Alberta Energy Minister Greg Melchin said the province has no interest in holding back production. The comment was a response to OPEC's call on its members and non-members to restrain crude output to stabilize oil prices, which have fallen sharply in recent months.
“Our model is that we market the crude as it's produced,” Mr. Melchin told Dow Jones Newswires in an interview published Oct. 13. “It's not our policy to hold onto our resources and prevent them from being developed.”
Mr. Daukoru said OPEC already has open dialogues with China, the European Union and Russia, adding that Russia regularly attends OPEC meetings as an observer.
Mr. Daukoru and a delegation of about a dozen Nigerians are visiting the Syncrude Canada Ltd. oil sands mine north of Fort McMurray Tuesday. The visit is a general one rather than one where Nigeria might be considering investment in the region.
OPEC, which has 11 members and is led by Saudis was founded in the 1960s to control oil prices. The cartel is desperately trying to hold up the oil price, which has fallen precipitously from a peak near $80 (U.S.) a barrel earlier this year. It traded around $58.50 Monday.
Last week, the cartel, which produces roughly a third of global output, cut its oil production quota by 1.2 million barrels a day to 26.8 million b/d. The cut was a response to a flood of oil on international markets, a result of producers taking advantage of high prices.
However, oil industry players weren't impressed by the move. Analysts at Societe Generale, the French bank, said Monday in a report that OPEC appears to be “desperate.”
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to hell with those Nigerians as well, with all of thier damn spam, WHERE IS MY MILLION DOLLARS YOU NIGERIAN BASTARDS!! ha ha ha
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| Magnetonium |
No offense, by my fellow Canadian government is f**king dumb. First of all, that same American government has screwed us over with beef export bans, because of illegal tarrifs on our lumber (which is illegal move, as NAFTA said), and USA has collected over 4 billion-plus in lumber tariffs since 2002. F**king jerks. And what does Canada do? Nothing! Only rude jokes by American politicians making fun of us ...
We supply USA with most of their oil, freshwater, lumber, and other . And what do we get? A spit in the face, tight borders for truckers and business allegedly to Al Qaeda threat from Canada (yeah, my dad's a trucker I know the ).
And then some Canadian idiot says he doesnt want to make a move to increase prices of oil to USA. LOL, I live in a country of idiots .... wow, bravo, bravo .... I feel more and more ashamed for the strategies of my own government, who is afraid to stand up for its own values and interests. So pathetic ...
We've been infiltrated by USA, they're running this country, thats the only basic explanation. We'll always be America's servants. Even though we have the rights to have equal business, relations with USA as provided by NAFTA, WTO. Yeah, right ... |
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| Moral Hazard |
| quote: | Originally posted by Magnetonium
[COLOR=FF7F50]
We supply USA with most of their oil, freshwater, lumber, and other . And what do we get? A spit in the face, tight borders for truckers and business allegedly to Al Qaeda threat from Canada (yeah, my dad's a trucker I know the ). |
A viable economy, that's what we get. I'm sorry to say, the only idiot I see here is typing in salmon coloured font. Canada is a country of roughly 38 million people. 38 million is no where close to enough people in an area of land such as we have to create an economy sufficiently robust as to sustain our lifestyle. If we were not an exporter of natural resources then our economy would grind to a halt as the consumer demand in this country is incapable of supporting the industrial capacity.
So, we need to export our resources.... well, who wants them? The US. Why? Because we are capable of supplying them to US industry in a more cost effective manner then any other resource exporting nation. This is due to a number of factors but most noteable amongst them are competative pricing and geography. If we charge the same price for commodities as anywhere else in the world we can deliver the same product at a lower ultimate cost because the expenses to deliver the product are lower then they would be elsewhere. If we were to raise our prices it is quite conceivable that US industry would shop elsewhere, this is not a desirable situation for us.
BTW, oil is a commodity, our sale price is the same as every other countries sale price. Joining OPEC would cost money, thus lowering the profitablility of our oil industry. Additionally, we would be required to abid by OPEC production agreements which would limit how much crude we can produce, thus giving up our autonomy. For someone who raves about Canada giving up it's autonomy for US interests and for taking a hit on profitability through certain trade practices it seems odd that you would want to do the exact same thing you rail against to bolster the interests of 10 non-alligned states who's welfare does not impact our own (to any demonstrable level). |
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| Magnetonium |
| quote: | Originally posted by Moral Hazard
A viable economy, that's what we get. I'm sorry to say, the only idiot I see here is typing in salmon coloured font. Canada is a country of roughly 38 million people. 38 million is no where close to enough people in an area of land such as we have to create an economy sufficiently robust as to sustain our lifestyle. If we were not an exporter of natural resources then our economy would grind to a halt as the consumer demand in this country is incapable of supporting the industrial capacity.
So, we need to export our resources.... well, who wants them? The US. Why? Because we are capable of supplying them to US industry in a more cost effective manner then any other resource exporting nation. This is due to a number of factors but most noteable amongst them are competative pricing and geography. If we charge the same price for commodities as anywhere else in the world we can deliver the same product at a lower ultimate cost because the expenses to deliver the product are lower then they would be elsewhere. If we were to raise our prices it is quite conceivable that US industry would shop elsewhere, this is not a desirable situation for us.
BTW, oil is a commodity, our sale price is the same as every other countries sale price. Joining OPEC would cost money, thus lowering the profitablility of our oil industry. Additionally, we would be required to abid by OPEC production agreements which would limit how much crude we can produce, thus giving up our economy. For someone who raves about Canada giving up it's autonomy for US interests and for taking a hit on profitability through certain trade practices it seems odd that you would want to do the exact same thing you rail against to bolster the interests of 10 non-alligned states who's welfare does not impact our own (to any demonstrable level). |
LOL, this only proves my point ... Why are Canadians so dumb? Why cant my PURSUE OUR OWN INTERESTS instead of playing the American game? They tell us what to do, tell us to suck it. aAnd we comply. Lets sell our lumber somewhere else, cut all export to USA. Then we'll see who'll be crying about it. Or oil,, water, gas ... why the hell do we have to be humiliated so badly, while USA breaks its own end of the bargain under NAFTA and NATO and refuses to honour it, we ignorantly and blindly continue on. This is dumB. I am losing faith in Canada. Canada will never have its own voice, its own politics and a truly independent flowering economy if we continue to curtail ourselves into this American trap. This is not fair trade at all, as much as you'd like to disagree. We have become entangled into the US system, we're so dependent on USA that they tell us what to do. Well, then, lets sell our stuff more than before to Europe, China, Russia and other countries. Why do we sti here and do what USA tells us? Come on, man, where's your sense of love for Canada! Stop jerking around being on American leash! Where;s OUR interests, OUR politics, OUR well-being and economic independence from USA? -Sigh- |
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| Moral Hazard |
| quote: | Originally posted by Magnetonium
LOL, this only proves my point ... Why are Canadians so dumb? Why cant my PURSUE OUR OWN INTERESTS instead of playing the American game? They tell us what to do, tell us to suck it. aAnd we comply. Lets sell our lumber somewhere else, cut all export to USA. Then we'll see who'll be crying about it. Or oil,, water, gas ... why the hell do we have to be humiliated so badly, while USA breaks its own end of the bargain under NAFTA and NATO and refuses to honour it, we ignorantly and blindly continue on. This is dumB. I am losing faith in Canada. Canada will never have its own voice, its own politics and a truly independent flowering economy if we continue to curtail ourselves into this American trap. This is not fair trade at all, as much as you'd like to disagree. We have become entangled into the US system, we're so dependent on USA that they tell us what to do. Well, then, lets sell our stuff more than before to Europe, China, Russia and other countries. Why do we sti here and do what USA tells us? Come on, man, where's your sense of love for Canada! Stop jerking around being on American leash! Where;s OUR interests, OUR politics, OUR well-being and economic independence from USA? -Sigh- |
Wow, clearly you have no idea who you're talking to. I'm probably the biggest Canadian nationalist on this board. T
he problem I have with you my friend is that you simply don't understand how the economic structure of this country works. The Canadian and US economies are interdependant, however, due to the difference in size between them the US economy would be slightly adversly effected by a disruption in our trade relationship whereas the Canadian economy would be desimated. Truth is if wee were to cut all exports to the US we would most certainly suffer far worse consequences then the US. When economies are interdependant often looking out for the interests of those you share a relationship with is also looking after your own interests.
I agree that the lumber tarrifs are a violation of the NAFTA agreements and I agree that we should be seeking better relations with other trade partners (which we have been doing with a great deal of success for over a decade now), however, neither of these things impact the decision with regard to OPEC. Moreover, neither softwood lumber or leveraging a slightly higher unit price for oil are worth jepordizing our favourable trade relationship with the US.
As for being on the US leash, clearly you have not followed our foriegn policy very closely. While we remain strong allies with the US there is a long and storied history of rather animated disagreements on a number of world issues... especially in the past 20 years. While I could highlight a number of them for you I get the impression that your mind is already made up and you'd rather continue to live in fear of the negative aspects you percieve in our relations with the US rather then look at the relationship in a pragmatic and balanced way.
BTW, if your such a Canadian nationalist why do you have a Russian flag to denote your nationality? |
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| Fir3start3r |
| quote: | Originally posted by Magnetonium
LOL, this only proves my point ... Why are Canadians so dumb? Why cant my PURSUE OUR OWN INTERESTS instead of playing the American game? They tell us what to do, tell us to suck it. aAnd we comply. Lets sell our lumber somewhere else, cut all export to USA. Then we'll see who'll be crying about it. Or oil,, water, gas ... why the hell do we have to be humiliated so badly, while USA breaks its own end of the bargain under NAFTA and NATO and refuses to honour it, we ignorantly and blindly continue on. This is dumB. I am losing faith in Canada. Canada will never have its own voice, its own politics and a truly independent flowering economy if we continue to curtail ourselves into this American trap. This is not fair trade at all, as much as you'd like to disagree. We have become entangled into the US system, we're so dependent on USA that they tell us what to do. Well, then, lets sell our stuff more than before to Europe, China, Russia and other countries. Why do we sti here and do what USA tells us? Come on, man, where's your sense of love for Canada! Stop jerking around being on American leash! Where;s OUR interests, OUR politics, OUR well-being and economic independence from USA? -Sigh- |
Sorry but you're living a pipe dream here; Canada is VERY dependent on the U.S. market; we're the largest trading partners in the world for a reason.
And why not? Because of their dumb foreign policies? Grow up.
And BTW, Canada does have it's own voice and there are millions of people that wish they could be here, much like yourself for example, or are you just one of those 'convenient Canadians' that feels they have the right to bitch about Canada from their keyboard. :rolleyes: |
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| Shakka |
| quote: | Originally posted by Moral Hazard
I'm sorry to say, the only idiot I see here is typing in salmon coloured font. |
solid gold.:haha: |
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| LazFX |
| quote: | Originally posted by Moral Hazard
he problem I have with you my friend is that you simply don't understand how the economic structure of this country works. The Canadian and US economies are interdependant, however, due to the difference in size between them the US economy would be slightly adversly effected by a disruption in our trade relationship whereas the Canadian economy would be desimated. Truth is if wee were to cut all exports to the US we would most certainly suffer far worse consequences then the US. When economies are interdependant often looking out for the interests of those you share a relationship with is also looking after your own interests.
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but I bet he would rather have Canada cut exports just to make America Suffer, but would look the other way when fellow Canadians start losing Jobs and money. and still blame the USA for that as well.... Oh no, but let canada do what Magnetonium suggests :rolleyes:
And why would any freedom loving Canadian want to answer to Opec and such awesome prosperous Countries like Nigeria & Saudi Arabia?? Thiere common folk there are just rolling in the lap of luxerie :D |
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| ::TranceVanDyk:: |
| quote: | Originally posted by Moral Hazard
A viable economy, that's what we get. I'm sorry to say, the only idiot I see here is typing in salmon coloured font. Canada is a country of roughly 38 million people. 38 million is no where close to enough people in an area of land such as we have to create an economy sufficiently robust as to sustain our lifestyle. If we were not an exporter of natural resources then our economy would grind to a halt as the consumer demand in this country is incapable of supporting the industrial capacity.
So, we need to export our resources.... well, who wants them? The US. Why? Because we are capable of supplying them to US industry in a more cost effective manner then any other resource exporting nation. This is due to a number of factors but most noteable amongst them are competative pricing and geography. If we charge the same price for commodities as anywhere else in the world we can deliver the same product at a lower ultimate cost because the expenses to deliver the product are lower then they would be elsewhere. If we were to raise our prices it is quite conceivable that US industry would shop elsewhere, this is not a desirable situation for us.
BTW, oil is a commodity, our sale price is the same as every other countries sale price. Joining OPEC would cost money, thus lowering the profitablility of our oil industry. Additionally, we would be required to abid by OPEC production agreements which would limit how much crude we can produce, thus giving up our economy. For someone who raves about Canada giving up it's autonomy for US interests and for taking a hit on profitability through certain trade practices it seems odd that you would want to do the exact same thing you rail against to bolster the interests of 10 non-alligned states who's welfare does not impact our own (to any demonstrable level). |
great post!! canada rox our socx!! |
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| ::TranceVanDyk:: |
| quote: | Originally posted by Magnetonium
LOL, this only proves my point ... Why are Canadians so dumb? Why cant my PURSUE OUR OWN INTERESTS instead of playing the American game? They tell us what to do, tell us to suck it. aAnd we comply. Lets sell our lumber somewhere else, cut all export to USA. Then we'll see who'll be crying about it. Or oil,, water, gas ... why the hell do we have to be humiliated so badly, while USA breaks its own end of the bargain under NAFTA and NATO and refuses to honour it, we ignorantly and blindly continue on. This is dumB. I am losing faith in Canada. Canada will never have its own voice, its own politics and a truly independent flowering economy if we continue to curtail ourselves into this American trap. This is not fair trade at all, as much as you'd like to disagree. We have become entangled into the US system, we're so dependent on USA that they tell us what to do. Well, then, lets sell our stuff more than before to Europe, China, Russia and other countries. Why do we sti here and do what USA tells us? Come on, man, where's your sense of love for Canada! Stop jerking around being on American leash! Where;s OUR interests, OUR politics, OUR well-being and economic independence from USA? -Sigh- |
Show some evidence!! As I see it, the USA and canada are dependant on each other. The USA needs canada just as much as canada needs the USA. Why export to far-away lands, costing time and money, when just across the border, is the strongest economy in the world; that is willing to do business with ya. THINK ABOUT IT!! |
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| Moral Hazard |
| quote: | Originally posted by ::TranceVanDyk::
Show some evidence!! As I see it, the USA and canada are dependant on each other. The USA needs canada just as much as canada needs the USA. Why export to far-away lands, costing time and money, when just across the border, is the strongest economy in the world; that is willing to do business with ya. THINK ABOUT IT!! |
Evidence? Why would he want evidence? Why would he need evidence? What good is evidence when you have anger and superficial points of contension? Magnetonium seems to be one of those Canadians who fails to understand the complexity of the Candian-American relationship. He's focused on his anger toward the US and anything that Canada does as a state which is even nominally supportive of the US will only act as further evidence of the US infringing on our autonomy. What he fails to see is how much we rely on one another as friends, allies, and trading partners. What's more disturbing, however, is that he fails to see there is a commonality of interests between our two nations that sometimes mandates we support one another, even if one benefits less or finds the other's actions distasteful, in order to advance our shared interests. Magnetonium's posts reflect the thoughts of those Canadians who read the headlines, form an opinion based on the headlines, and voice it but sadly lack the knowledge of history, politics, economics and current events to form an intelligent opinion or understand the complexities of world affairs. They exist in all countries, unfortunately ours seem to take aim at our closest friends. |
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| LazFX |
I feel for for him though, sad that his hatred for the US has made him almost on the same level as Softcore Trancer, Purple and a few others. Hell I hate Canada for some things that I find as unforgivable like; Brian Adams, Alanis Morsett, Avril Lavigne, Sum41, Barenakedladies and the list goes on ;)
But with all joking aside, it does not take a genius to see that both countries benefit from each other in more ways than one.
that is such a loud color.... eh?? |
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