Where America gets its crude oil from----

Here's a bit of information that I didn't even know, and I've lived here all my life---Brian

June 27, 2006 - 12:03
WASHINGTON (CP) - A new poll suggests that only a tiny minority of Americans - four per cent - know that Canada is the largest supplier of crude oil to the United States.
But the survey also suggests that 88 per cent of Americans have a favourable view of Canada and that 41 per cent would be willing to pay even higher gasoline prices to replace oil from unstable regions.
The poll was released by the Canadian American Business Council to coincide with Alberta's promotional events this week in the U.S. capital. The province is also featured in the Smithsonian Folklife Festival starting Friday.
Murray Smith, Alberta's representative in Washington, says the province has just scratched the surface in educating Americans about energy and has started at the highest levels first. One in three Alberta jobs depends on exports to the United States and 85 per cent of those exports are petroleum and natural gas.

 

Shhhh....

We don't want to be invaded too.



(Well not invaded, but "freed", democratized or whatever else comes to mind)

 

here's the rub. most of what they are getting out of alberta is light sweet crude which is what they make gasoline out of. this is what we get from the middle east. THe unfortunate part of the equation is that it doesn't matter whether we buy oil from the middle east or from our neighbors to the north, the world price for oil is the same. it may even go up if we buy from canada because the middle eastern countries in opec will freak and up the cost.

 

I don't think price is the main issue as much as where you want your money going, and even less justification for war in Iraq.

 

Then why is a Litre or what ever they sell up North so much more expensive than in the U.S. ? Canada ( home of my ancestors) is really gettin screwed.

 

at this point it's mostly taxes and the economy. our dollar is worth a bit more at the moment than canadas so we purchase for less. they also tax the fuel more. beyond that I wouldn't know.....

 

Why do you think we (the government) changed Canada to the metric system?
A liter of regular gas only cost me $1.09 yesterday.

Doesn't hurt so bad - or look so bad - when you buy it by the liter!!
(just takes more liters to fill the tank! )

3.8 liters = 1 gallon, or put the other way; 1 gallon cost me - $4.14
(hey, WE don't like it either!! )

 

3.8 liters = 1 gallon, or put the other way; 1 gallon cost me - $4.14
(hey, WE don't like it either!! ) [/QUOTE]

But....if you convert that to Imperial gallons, which we used to use up here, that works out to $1.09 x 4.54 (litres/Imp. gal.) = $4.94 per gal.

Also, most oil companies that are in Alberta, are owned by USA interests.

 

This is the Canada stats from:
http://www.cia.gov/cia/publications/factbook/geos/ca.html

Oil - production:
2.4 million bbl/day (2004)

Oil - consumption:
2.3 million bbl/day (2004)

Oil - exports:
1.6 million bbl/day (2004)

Oil - imports:
963,000 bbl/day (2004)

Oil - proved reserves:
178.9 billion bbl
note: includes oil sands (2004 est.)

As you can see, since they use almost as much as they produce, but export half and then turn around and buy most back again, they are in the same oil value manipulation shell game the rest of the free trade market is in.

USA oil producers get a tax break for all the oil (profit) they sell outside the US, and another break for what they buy from outside. so it stands to reason they need outside the US buyers and sellers to play this manipulation GAME.

Ed Justice of Justice Brothers oil treatment products told me about this stuff and has a suitcase size briefcase of facts to back it up.
He said there's 8 oilmen in Texas pulling the strings on the whole world wide oil price and production game.
He wouldn't name them though. Said it wasn't a good idea...

That's when I went hunting for some backup and came across the CIA site above.
Check thru the oil production, use export and import of several countries and see how it all "works" I suggest you start with The Netherlands, since the first business Corporation started there.

 

Consider that the vast majority of all the oil pumped in Alaska gets shipped to the Far East...and if we could drill more up there it would end up in the States? The Oil Co's are all defending themselves by saying that they make almost nothing on a gallon at the pump. The money is all made overseas...at their foreign subsidiaries. About that shell game...

 

Uuuhh what's wrong with the Netherlands?
We have the highest gasoline prices at the pump, I believe...
When my math is correct, it's about 6 dollars per gallon!!!

You're not being screwed, the Dutch are being screwed!

 

I see the people of this country have finally figured out why there's an oil shortage...most of the drilling is done in the western US, right? Utah, Cali, ColoRODo, Idaho, Washington, Oregon, even Alberta...

Stands to reason then that all the dipsticks are back east...!!!

R-

 

Have any of you calculated in the restrictions on refining in the U.S. and the reports that due to environmental legislation, no new refineries have been built in the U.S. sense 1976 ? also I understand that the refineries we do have are incapable of producing all the regulated grades of Gas that is dictated by environmental laws, this forces us to have to import refined gas from off shore refineries......... any thoughts ?

 

Nothing at all wrong with the hotrodding community of the Netherlands in my book.!

We're all getting screwed!
(Except the Venezualans, I think they need to be "Democratized" so they can get screwed too!)

I was just pointing out that even a country as small as Holland imports more than five times as much oil as they use or produce and then turns around and sells off all of it again, except for that relatively small ammount they do use, amd I bet "they" still tell you oil is in short supply, don't they?
Check your stat's at that sight, please. and a bunch more.

 

studedude, i think you have that partially wrong, there is a TON of drilling going on in the gulf. The only thing wrong with the drilling is, they drill a well and cap it off, drill , cap, drill, cap, and it keeps going. I guess they are so called saving it.

 

A couple of observations:
1. If the world price per barrel is the same no matter who buys it then, why is the price of gas in Europe double the price in the US? We all pay the same price for it, right?
2. In the early 70's we went though the same crisis then, everything cooled down for about 30 years. I'm hearing the same retroric now as we heard back then. It's like they laid down all the work/studies to reduce dependence on foreign oil sometime around 1980, and suddenly picked them back up in 2006.
3. I would much rather buy Canadian oil than rag head oil anyday. I don't think the shiek needs another gold plated Rolls Royce. On the other hand, I don't want to pay the CEO of Exxon $600 million either.
4. With item 3 in mind, why does it always seem like "nobody really makes any money on oil....why we only make pennies on a gallon".
5. The government of the United States is in bed with big oil and has been for a century. If you think for a minute that things are going to change, I have a bridge in Texas for sale.
In closing I must say, "don't worry, it's only going to get worse".

 

Hey Brian, are the Chinese drilling in Canada like they are here in South Texas?

 

I built a hot rod once, it was fun

 

Wouldn't you think if America bought from Canada only for it's gas that it would lower the cost from the middle east supply being that they would have competition and would have to compete to keep their resources pact with the U.S.? The only reason that has not taken place being that our Gov't has interests in the Saudi Oil and is willing to remain there by having troops patrol "THEIR" interests. Does the word Walker Oil sound familiar? George W. Bush that is! KNUX!

 

Geee ... when did ALBERTA become a USA state??
I must have slept in that day!

 

haha

 

It will when big brother America steps in and over when Canada has something that they want. You'll see. I am neutral being that I have lived in both countries and I see America pushing others around and Canada is so friggin open arms to other countries I see it happening. The oil resource there when they decide that it would be in THEIR best interest! KNUX!

 

I heard somewhere that George Bush is able to create hurricanes, control oil prices, prohibit poor people from working, and on and on...This thread will be closed in no time.

Mootz

 

Really doesn't matter which way you "slice it."
It STILL hurts like HELL!!

 

The price of oil is the same everywhere, the cost of refining it & the taxes of a given locality are what drive the end price. Most of the rest of the world pay exhorbitant taxes on their gas.

Who we import our most oil from changes yearly - a couple years back it was Venezuela & Mexico - some years, it's the middle east. It's a political carrot we dangle in front of various countries in an effort to get them to do things we want.

Only people in oil making any money are the oil companies. The retailers don't make much on a gallon of gas.

As for the US gov't being "in bed" with the oil companies, I believe you're looking at it the wrong way - oil is a political tool on the economic front. While I wouldn't say we're "in their pocket", I would say we're too involved in who sells what where & what we buy from whom. If we took the politics out (see carrot comment above) & just went to the lowest bidder like every other commodity, the price would fall to rock bottom...

The bottom line is the gov't doesn't care how much per gallon we pay. They will continue to use oil buy/sell/trade to influence world politics.

Is it time to lock this thread??

 

Just stating my opinion. It is not just him but his associates that are in it with him. He is just a puppet on thers strings. When is this country going to wake up and see that? I am proud to be an American but, I am not proud of my president. Freedom of Speech, right? KNUX!

 

woo that's spooky - for real. I'd think I was a bad ass if I could do that. But then I'd spend all that money on hot rod parts and then forget to pullsome strings and be broke again, damn it.

 

Awwww, I KNEW I shoulda put Canada on the end of Alberta...figured someone would shit about that...but then again, I assumed everyone would read from the top down and read all of it...instead of skipping around. Live and learn I guess...

And besides WillysTruk...that was a joke!!!

IMHO, the price of gasoline is the biggest rip-off in the world...how else do you explain oil company's record profits for the last few years?

R-

 

Canadian Bacon

 

Wait a minute, how can you consume most of your own oil, AND export half of it? If my country produces 2.4 million bbl and imports nearly another 1 million bbl per day, that's 3.4 million bbl per day. So how can I export 1.6 million bbl AND consume 2.3 million bbl for a total of 3.9 million bbl per day? Where is the other .5 million bbl per day coming from?
The real reason gas is so expensive is that the oil companies know that everybody is too lazy to do the math to figure out how they're being cheated, and they pay whatever the price is.