Monday, February 11, 2008

Oilsands producers can't fill gap if Venezuela cuts of oil to U.S.: experts

With Venezuela talking tough about cutting off its oil exports to the United States, the Americans might look to their friendly neighbour to the north _ already the No. 1 exporter to the U.S. _ for a stable fuel supply. But the question is whether companies who operate in Northern Alberta´s vast oilsands can step up production fast enough to fill the gap should the South American communist state, the fourth largest exporter to the U.S., decide to follow through on its threat. 'The U.S. may have to get supply from other countries, including Canada,' said Gordon Laxer, a University of Alberta political economist. But shortages in labour and pipeline capacity might put a damper on that plan, he said.

1 comment:

  1. Venezuela is a "South American communist state"? Man, these dumb north americans are such loud-mouthed know-nothings, aren't they? Fact is, Venezuela can barely be called socialist, let alone "communist" anything.

    However, for these monkey-suit blockheads in their office towers up north, 'socialist' is the same as "communist". But what's in a word, huh? Because they really could care less about that: because they're propagandists and spin-doctors first and foremost -- and winning is uber alles for them. So they lie like the dickens.

    And some day they will eat their words. Ignorant pigs.

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