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One of Thursday's spiciest Democratic campaign controversies has been the report out of Canada, citing unnamed sources, that an Obama campaign official told the Canadian government not to worry about the senator from Illinois' anti-NAFTA "rhetoric." It wasn't "serious," he reputedly said.
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But all this focus on whether the Obama campaign actually fumbled the NAFTA ball in such a spectacular fashion misses the real point, which is the opportunity for a refresher course in U.S.-Canadian trade relations.
Question: Who is the largest supplier of energy resources to the United States?
Answer: Canada.Canada exports more crude oil to the United States than any other nation, including Saudi Arabia. All of that oil, along with a gusher of natural gas, comes free of any kind of export controls or tariffs, courtesy of NAFTA. In fact, the United States consumes almost 100 percent of Canada's energy exports.
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Lots more at link,
Interesting discussion, and I like the point,
that we are MISSING the point.
The NAFTA cat is out of the bag so to speak, so we might as well deal with it.
From another article:
From Monday's Globe and MailJanuary 28, 2008 at 12:00 AM EST
In Texas City, a small port town south of Houston near the Gulf of Mexico, a hub of refineries rises through the misty January air, billowing steam from scrubber towers.
These refineries make up part of a sprawling industrial cluster in the Gulf Coast region that is better equipped than anywhere on earth to handle the gooey crude coming out of Alberta's oil sands.
In a twisting turn of geography, geology and history, Texans are hungry for Alberta oil.
As the U.S. seeks to decrease its dependence on crude from unstable regions and OPEC countries, and with the oil sands booming, Canada has supplanted Saudi Arabia as the leading supplier of crude to the U.S., claiming the No. 1 spot in 2004.