Friday, March 11, 2022

BIDEN BEGS DICTATORS FOR OIL

   To summarize: in order to punish its longtime enemy, which it tried to be friends with, but is now quite sure is an enemy again (Russia), the U.S. turned to a friend that should be an enemy (Saudi Arabia), which won’t talk to the Americans because they’re helping a common enemy (Iran), while negotiating with another enemy (Venezuela), even though it’s friends with the enemy that started this whole crisis (Putin). Got that?
   Lost in all this salacious courting of dictators and autocrats is much talk about the role Canada could play in contributing to the West’s energy security — largely because we no longer have the ability to do so.
  But experts seem to agree that our contribution will be marginal at best, because our energy industry has been starved of investment for years. All because governments have scared away investors by consistently blocking proposed pipelines and LNG export terminals, which could now be supplying our allies in the U.S., Asia and Europe with oil and gas from a democratic country that abides by the rule of law, has strong environmental standards and has no imperial or genocidal ambitions.



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