Saturday, June 27, 2009

Foreign Oil

The US House of Representatives, determined to obliterate the American economy, passed their whacko "green bill" by a close vote yesterday. Time and again I heard the words, "To keep us from being held hostage by foreign oil."

Neverminding most of the junk in the bill, and all of the lunacy that comes from trying to scale back an economy during a recession, the one thing that bugs me is the "foreign oil" bit. McCain and Obama both harped about it during their campaigns, and many politicians have used the, "Importing oil from people that don't like us very much" excuse, or as one guy said yesterday, "People that fly airplanes into our buildings."

For the record: Canada is the number one provider of US crude and petroleum imports. Nobody else even comes close. Though the numbers fluctuate for imports from other countries, Canada always tops the list. Mexico generally comes in second, with Saudi Arabia around second or third. Last year, the US imported 2.532 million barrels of petroleum per day from Canada. That's more than double Mexico and Venezuela combined, and roughly 1 million more barrels per day than Saudi Arabia. That's a lot of petroleum. And a lot of money for Canada.

So I'm guessing that by "people that don't like us very much," the American politicos mean Canadians. Which, if you read a Toronto Star op-ed, is understandable. But it's time to give it a rest on the Middle-East-Oil-Bogeyman.

It's also time for Canadians to give it a rest on the Obama Love. Every time you turn around, the guy's trying mess up the Canadian economy. Buy American came first, now it's "Wind over foreign oil."

Canada is the foreign oil.

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