الجمعة، 6 ديسمبر 2013

If Obama Does Not Move On Canadian Oil China Sure Will

مرسلة بواسطة Unknown في 9:09 ص
By William T. Henry


Not long ago few wanted to venture up in the wilds of the north far reaches of the Canadian province or Alberta . Few even remember when the whole sector was a backwater part of the North West Territories . It took American money from Standard Oil to change that . This is now the Texas of the nation. On top of that its no longer Calgary which is the center-point of this base industry but rather that once forbidding remote area. Fort McMurray Alberta is the main district in the Municipality of Wood Buffalo in Canada. A city till 1995, Fort McMurray Alberta was merged with smaller Hamlets like Fort Chipewyan, Fort Mackay to form municipality of Wood Buffalo, Improvement District No. 18.

Yet on American talk radio shows such as Larry Kudlow or Mark Levin when the hosts are asked whether they have any idea of how much oil resides in this region way up north in Northern Alberta Canada their only answer seems to be "a lot of oil". Thus the sheer magnitude of an oil resource that is estimated to be ten times that of Saudi Arabia , and on their doorstep - seems to elude most American as well as American consumers & automobile drivers. Yet the geopolitical landscape of the world would change in a heartbeat if America , Europe and Asia started laying out good cash for the black gold , reducing the power of Mideast oil sheiks to minor players in a plus . Hence it would be wise for Americans to let their President Obama to get his house in order and stop playing around with environmentalists' pipe dreams and come to reality. Otherwise Prime Minister Harper of Canada may have to follow up on the Chinese option to be the supporters of this petroleum resource bonanza waiting to be had. There is no shortage of work, employment & opportunity in Alberta to be had - whether its in the north , or even in the south in the regional centers of Edmonton & Calgary.

Yet these remote mining town not only offer a tremendous financial possibility but also are sportsmen s' paradises. Residents find they have been plunked down into a virtual wonderland with fishing , hunting, cross-country skiing and outdoor sports beyond their wildest dreams. What about climate. It is a matter of reasonable , even very nice summers but terribly cold - 40 degrees centigrade frigid type winters. Better have a working auto block heater for your vehicle - be it car or truck , if you are visiting the Fort come cold January or February weather conditions your truck or car will need an electric "block heater".

The economy of Fort McMurray Alberta is largely based on the Athabasca Oil Sands and is considered a major oil production area. The Abasands Oil Company was the first to extract oil in 1930s from the oils sands of Fort McMurray Alberta using a process called "hot water extraction". However the commercial production began only by 1967 with the opening of Great Canadian Oil Sands and since then the district's economy has skyrocketed.

Fort McMurray Alberta offers a variety of fun and entertainment like 3-18 holes golf courses, billiard halls, bowling alleys, theatres, casinos, nightclubs and restaurants that cater to lower, medium and upper level incomes groups. Snowmobile tours, cross country skiing and ice fishing provide for excellent outdoor activities. Summer is the right time for hunting and fishing activities. Other events held at Fort McMurray Alberta include Blueberry festival, Famous Fish Fry, rubber duck race and many more.




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