Only 4% of Americans know that...

[Stan]

Most Americans don't know Canada is their biggest oil supplier: poll

Last Updated Tue, 27 Jun 2006 16:01:07 EDT

CBC News

A new poll suggests the vast majority of Americans are unaware that Canada is the largest foreign supplier of crude oil to the U.S.

Canada is the biggest foreign supplier of oil and natural gas to the U.S.

The Canadian American Business Council (CABC) — which represents some of the biggest private sector companies in both countries — said its survey of 1,000 Americans found that only four per cent of respondents thought Canada was the country that provided them with more oil than anyone else.

The survey also found that 41 per cent of Americans asked would support replacing oil from unstable areas of the world with oil from Canada "even if doing so resulted in higher prices for U.S. consumers."

"The findings suggest a foundation of American public support for meaningful initiatives to expand Canadian energy supplies to the U.S.," said CABC chairman Randoph Dove in a statement.

"As more and more Americans recognize Canada as a secure source of energy resources, this support should only increase," he said.

The release of this poll came just as energy-rich Alberta launched a massive lobbying effort in Washington to get across its message that Canada — and especially Alberta — has a stable and secure supply of oil that it's eager to sell the U.S.

Exhibits about Alberta and its vast oil sands deposits occupy a prominent place in this year's Smithsonian Folklife Festival in Washington.

That's drawn criticism from an environmental lobby group, the National Resources Defence Council, which says the industry and government-sponsored exhibits at the festival make no mention of the "devastating environmental consequences" the council says oil sands mining creates.

The survey was conducted by Vitale & Associates, who interviewed 1,000 people from June 13 to 15. It has a margin of error of 3.1 percentage points.

[Dr. Shane]

I believe our sources of forgien oil are Canada, Mexico, Venezuela, Saudi Arabia in that order.

[phkrause]

I'm one of those that did not know that, until the other day when I was watching 60 minutes. So why is it that we continually pay more and more?

pkrause

[Stan]

hmmmm

Ask Alberta why they have another surplus of 8.7 Billion <img src="/adventist/images/graemlins/smile.gif" alt="" />

A female friend of mine, a secretary works in Alberta.... Her Christmas bonus was mid 6 digits.. about the same as an Adventist Pastor in that province earns in a year.

Yea oil prices are good for that economy, they of course are fans of GWB and support the 'occupation'

[Dr. Shane]

And here I thought the price of oil was increasing because the economies of China and India are growing and thus increasing demand for oil and driving the price up. <img src="/adventist/images/graemlins/grin.gif" alt="" />

[Amelia]

HUmmm makes me wonder why our government continues to harangue S.A. about the cost of crude per barrel. And also lays the blame on rising gas prices at their door. Plus going to "war" over oil. I think its time to move to calgary and get some of that xtra money they are giving away. <img src="/adventist/images/graemlins/laughhard.gif" alt="" /> <img src="/adventist/images/graemlins/laughhard.gif" alt="" /> <img src="/adventist/images/graemlins/laughhard.gif" alt="" />

[cricket]

</font><blockquote><font class="small">Quote:</font><hr />

A female friend of mine, a secretary works in Alberta.... Her Christmas bonus was mid 6 digits.. about the same as an Adventist Pastor in that province earns in a year.

<hr /></blockquote><font class="post">

I thought it was a "given" that all Adventist pastors are paid the same. I know of no Adventist pastors who are making anything near 6 digits. Something seems unjust here.

[Amelia]

OK, if I cant move to Alberta maybe I should find me a 6 digit AdPat. <img src="/adventist/images/graemlins/1poke.gif" alt="" />

[bevin]

There are at least THREE factors driving the price in $US up

(a) supply is threatened

( demand is up

© US dollar is down

/Bevin

[Fran]

Bevin;

I really like your expaination. It grabbed me and hugged my brain. Kind of like Economics 101! Good old supply and demand with the mix of $'s.

Naw, I should just move to Alberta, Canada and let my kids take care of me! <img src="/adventist/images/graemlins/thankyousign.gif" alt="" /> Now that sounds like a plan! They wouldn't like it, <img src="/adventist/images/graemlins/laughhard.gif" alt="" /> but they so love their mom! Maybe it is payback time? <img src="/adventist/images/graemlins/1poke.gif" alt="" />

[Parade Orange]

I work at a truck stop!

From where I am standing it looks like GREED. And its not wearing a flattering skirt.

[Dr. Shane]

Speculation does play a role in the price of oil. The value of the dollar only impacts the price for those in countries that do not use the dollar. The price of oil in nations using the euro, for example, see less fluxuation in the price of gasoline than those of us that live in countries that use the US dollar. Countries like Canada, whose currency is worth less than the US dollar, see a great fluxuation in the price of gasoline. (value of the dollar)

Oil exploration is going crazy because of the high cost of oil. As a result more and more sources of oil will be found, production will increase and eventually supply should surpass demand and the price will drop dramatically - just like it did before.

[Dr. Shane]

Here is another thread where we talked about the Canadian Dollar and the price of oil.