Obama to tell Canada: No more tar sands oil imports

moneymonger · Feb 17, 2009

Just heard a statement from Roger Hedgecock on his afternoon
radio show that Obama will inform Canada that the US will cease
imports of tar sands oil in the near future. Reason: Global warming! This is just a rumor from a radio talk show. But after this week nothing suprises me.

bond_trad3r · Feb 17, 2009

Hahahhahahahahahahaha!

Lucrum · Feb 17, 2009

Well at least we got that going for us, which is nice.

bond_trad3r · Feb 17, 2009

Alberta is gonna be PISSED! Short the oil sands companies, quick!

Via short CAD is probably the most liquid and effective hedge given the time.

niceneasy · Feb 17, 2009

costs oilsands WAY more than 35$ to pull a barrel of oil. so why is this news? they are cooked anyway..

moneymonger · Feb 17, 2009

I really hope that this is not true. If we continue to by from the
Saudi's but tell Canada to f@#K off-well, you know the policy
ramifications from this.

http://www.bloomberg.com/apps/news?pid=20601103&sid=a0uCsgmBhqXg&refer=us

niceneasy · Feb 17, 2009

canada will stop shipping maple syrup?

Mav88 · Feb 17, 2009

has some teeth to it

http://www2.canada.com/calgaryherald/news/story.html?id=8daa1fae-0944-44f1-a0cd-c08dcd1ee218

50/50 he does it, but what a dumb move at a time like this.

Clubber Lang · Feb 17, 2009

Quote from Mav88:

but what a dumb move at a time like this.

Almost as dumb as trumpeting a "major win" for a 787 billion dollar stimulus bill that will do nothing but make matters exponentially worse.

Nothing out of this inexperienced and obviously incompetant administration surprises me.

moneymonger · Feb 17, 2009

Quote from Clubber Lang:

Almost as dumb as trumpeting a "major win" for a 787 billion dollar stimulus bill that will do nothing but make matters exponentially worse.

Nothing out of this inexperienced and obviously incompetant administration surprises me.

Barry Obama is the political reincarnation of Jimmy Carter