Energy has become a central obsession of international politics in recent years, as exploding economic growth in Asia and Americas ongoing love affair with gas-guzzling vehicles have accelerated the drain on world petroleum reserves. Terrorism, trade, the war in Iraq, nuclear diplomacy -- all of it, on some level, is related to the international preoccupation with energy, and access to affordable oil. So if Canada is to play a more significant global role in the years ahead, experts agree it will be due to the reeking, doughy black soil in northern Alberta, and the rest of the worlds keen desire to share it. "The oil sands give Canada one of the single greatest advantages of any state in the Western world," says Paul Chastko, a University of Calgary historian who recently published a book called Developing Albertas Oil Sands. "It gives Canada the ability to supply all of North America for the next 50 years without touching a drop of imported oil." It is, in short, an economic engine and political lever that any nation would desperately love to have.
http://www.macleans.ca/topstories/business/article.jsp?content=20050613_107308_107308
Saturday, August 27, 2005
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