GettingTruth

RandallJones

Why doesn’t President Bush ask the Canadians or Mexicans?

President Bush and King Abdullah
Every once in a while a headline shows up where the U.S. President is asking the Saudis to increase oil production.
See this article
If the Saudis king says no, the press acts as if though the Arabs are controlling the United States. The United States imports just as much from Canada and Mexico (See See U.S. Energy Information Administration website, yet why doesn’t the President ask these countries to increase oil production? If he does, how come the mainstream media doesn’t report on it.

The Saudis invest trillions of dollars in the United States, but Canada and Mexico do not. Saudi Arabia buys billions of dollars worth of weapons from the United States, even though they do not have the qualified personnel to operate the weaponry. Saudi Arabia is just a storage place for weapons the United States uses in its military interventions in the Middle East and surrounding regions.

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May 16, 2008 - Posted by | Canada, George W. Bush, investments, media, Mexico, news, oil, petroleum, politics, Saudi Arabia, United States, weapons

4 Comments »

  1. First off, Canada and Mexico are satellites of the US. You fail to accurately look at your northern neighbour. The reason Bush does not need to ask Canada to up the production of oil is that the Canadians are guaranteed to do so. Have you ever heard of the energy sharing clause in NAFTA? Canada can’t actually reduce exports of energy to the US or it will be infringing on NAFTA. If you consider my first statement along with the fact that most of the oil production in Canada (centered in Alberta) is controlled by American interests, it would seems sort of ridiculous to expect Canada invest even more in the US (oh and they do invest in the USA, by the way… when it’s profitable). I doubt that there is the same sort of American control of Saudi oilfields, hence the need for a little texan-diplomacy rather than brute financial might.

    Comment by the tourist | June 1, 2008 | Reply

  2. the tourist wrote, “I doubt that there is the same sort of American control of Saudi oilfields, hence the need for a little texan-diplomacy rather than brute financial might.”

    I am sure that was once said about Iraq and Saddam Hussein!!

    The U.S. Department of State website has information about how much the U.S. invests in Canada and how much Canada invests in the U.S.
    from http://www.state.gov/r/pa/ei/bgn/2089.htm

    Canada and the U.S. have one of the world’s largest investment relationships. The U.S. is Canada’s largest foreign investor. Statistics Canada reports that at the end of 2007, the stock of U.S. foreign direct investment in Canada was $289 billion, or about 59% of total foreign direct investment in Canada. U.S. investment is primarily in Canada’s mining and smelting industries, petroleum, chemicals, the manufacture of machinery and transportation equipment, and finance.

    Canada is the fifth largest foreign investor in the U.S. At the end of 2006, the U.S. Commerce Department estimates that Canadian investment in the United States was $159 billion at historical cost basis. Canadian investment in the U.S. is concentrated in finance and insurance, manufacturing, banking, information and retail trade and other services.

    For some strange reason the same website does not reveal the investment relationship between the U.S. and the Saudi Arabia http://www.state.gov/r/pa/ei/bgn/3584.htm

    Comment by randalljones | June 1, 2008 | Reply

  3. hmmmmm….

    It is interesting how much more Canadian money per capita is being pumped into America than the other way around… more than half as much money, but only a tenth of the population. that would mean roughly $5300 per Canadian (30M people) into the US, and $963 (300M people) per American into Canada.

    In northern Alberta environmental destruction due to open pit oil sand mining and the water usage involved therein is shocking. Albertans, even a majority, have the environment on their radars, yet the government continues to allow unrestricted economic growth into these areas. It’s no wonder Bush doesn’t need to ask the province (provinces control natural resources in our federalist system) to increase oil production, it’s already going at 110%.

    It’s good you believe in truth.

    Comment by the tourist | June 3, 2008 | Reply

  4. $289 billion > $159 billion
    56% > 5%

    Here is an interesting article about various countries, including Canada, drilling for oil in the Gulf of Mexico.

    http://english.aljazeera.net/English/archive/archive?ArchiveId=22707

    Comment by randalljones | June 4, 2008 | Reply


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