Post #3613957

@JEmphatically@mstdn.ca Has there been any analysis of how competitive the Chinese, Kazakhstan, Asian oil fields are to Canadian produced oil? China produces as much oil as Canada. China invests and subsidizes. Is Canada prepared to compete against this? For a foreign dominated industry? Just because oil could be shipped to Asia how much would actually be bought? Asia buying significant Canadian oil is just a Daniel Smith mirage? Canada Energy Regulator says the oil exports that didn't go to the US went to Europe from Newfoundland TMX (& Alberta)s supplying US refiners .. What would change this? The same multinationals that operate in Canada, do the same in China, Kazakhstan, Asia.. Their loyalties are to their own profit, not the well-being of any country. Lost in the powerful political noise surrounding pipelines in Canada is a blunt economic analysis. What org will do the analysis and face the political backlash by the well organized noise for pipeline exports https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2024/market-snapshot-almost-all-canadian-crude-oil-exports-went-to-the-united-states-in-2023.html https://investingnews.com/kazakhstan-oil-exploration-production/