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 …

Venezuela launches pan-Caribbean oil pact

Oil is the life-giver of current human societies’ modern economy and lifestyle. Thus, access to oil is essential for that lifestyle to be achieved. (Audio Podcast Available) Enter Hugo Chavez, leftist President of Venezuela. He controls the 5th largest oil exporting economy in the world, and as such has the power to influence many many …