Hugo Chavez likes Nationalized Oil… so do Canadians

Huh? Well… a little while ago I mentioned that Chavez has been making offers to export his countries oil to everyone but the US. Asia, Europe, South America, and his neighbours in Central America and the Caribeaan. Today, he took one more step towards creating a “Petrocaribe”. The talks are being attended by representatives of …

Before you start complaining about the price of Gas

…. stop to think about how that Gas got to your local station. Take, for example, the current situation in Ecuador, where unrest in the oil producing regions has caused the government to send in the Army and stop all oil exports from the country. Why the unrest? “Free Market reforms” that were supposed to …

Texas buys up Canadian Oil/Gas pipelines

Canada is fast becoming the economic battleground between China and the US. Yesterdy, Kinder Morgan announced a $7 billion takeover bid of Terasen Gas of British Columbia. Terasen is a major pipeline operator into the oil and gas fields of Northern BC and Alberta and is active in the Oil Sands. (Audio Podcast Available) It …