Fantastic. China, Canada reach quick deals on oil, uranium

posted at 11:35 am on February 9, 2012 by Jazz Shaw

Last month we discussed the rather alarming news that Canadian Prime Minister Stephen Harper was planning a trip to China to discuss possible natural resources deals with the economic superpower. It seemed no coincidence that the trip was announced close on the heels of Barack Obama’s decision to kick the can down the road on the Keystone XL pipeline yet again. But at that time, I retained some hope that perhaps this was just a warning siren to Obama which would remind him that Canada had plenty of other options should we decide not to do business with them.

Apparently Harper hasn’t cared much for what he’s been hearing out of Washington and found a very willing ear across the Pacific because it seems that some deals have been struck already.

China and Canada declared Thursday that bilateral relations have reached “a new level” following a series of multibillion-dollar trade and business agreements to ship additional Canadian petroleum, uranium and other products to the Asian superpower.

Prime Minister Stephen Harper and the Chinese leadership said Thursday the economic co-operation agreements — and billions of dollars in new private-sector deals — signed by the two countries over the past few days are unprecedented and will open the door to additional trade and investment.

Harper announced Thursday, following meetings with Chinese President Hu Jintao and Vice-Premier Li Keqiang, that the countries have struck an agreement that will allow Canadian uranium companies to “substantially increase exports to China.”

“We expect to see similar success stories in Canadian energy exports to China, once infrastructure is in place.”

Harper has said building pipelines to the West Coast — such as the proposed Northern Gateway oilsands pipeline and a separate one for liquefied natural gas — is a national priority as Canada looks to ship its vast resources to Asia.

This just gets better and better, doesn’t it? Not only do we have to keep an eye on the Canadians building a shorter pipeline to their western coast to ship all of their oil overseas, but now they’re going to aggressively up the ante on delivering uranium to the Chinese. Oh, I know… you probably think I’m being an old worry wort, right? I mean, China would only use the fuel for peaceful, energy production purposes and would never “lose track” of any of it, right?

Yet again we see that elections matter, and decisions coming from 1600 Pennsylvania Ave. can have both immediate and long term effects not only here at home, but across the oceans as well. Harper’s deals wont be finalized until the Canadian legislature approves them, but they would be foolish indeed to turn it down with no assurances of a market in the U.S. There was never any doubt that Canada would pursue their own best economic and national interests and find a buyer for their resources. It was only a question of who would strike the right deal. And – again – I do not place any blame on Harper for this. He has to look out for Canada’s interests first, not ours. The fault here lies with the White House for playing politics with such a critical issue.


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But we all will be driving electric cars and won’t need that oil!
Oh wait, there goes a Unicorn Volt…POOOF.

LeftCoastRight on February 9, 2012 at 11:44 AM

There, now we shall heat our homes with Chevy Volts!! Union Power!!/s.

teehee

askwhatif on February 9, 2012 at 3:04 PM

Of course it wasn’t a coincidence. The US was screwed once again because the jug-eared bastard needs to pander to tree huggers for votes in November.

Happy Nomad on February 9, 2012 at 11:39 AM

Agreed, although j.e.b. would have bought himself a helluva lot more votes had he approved it, proving once again that the 2008 52-percenters are colossal idiots. Thanks for absolutely nothing, idiots.

SnarkySam on February 9, 2012 at 3:04 PM

did NO ONE read this article? you’re all missing the most crushing blow of all this:

The two sides are also finalizing details on China loaning a pair of bamboo-munching giant pandas to zoos in Toronto and Calgary for a period of five years each, with more details expected this weekend.

wilkeson on February 9, 2012 at 3:13 PM

I wonder what Dear (union) Leaders will say about this?

herm2416 on February 9, 2012 at 12:46 PM

They’re too busy lighting up cigars with taxpayer-$100 bills…

SnarkySam on February 9, 2012 at 3:19 PM

Aiding and abetting the enemy.

Rohall1215 on February 9, 2012 at 11:42 AM

We WANTED to sell you that oil. Really, we did. The Feds deep sixed that, first with a “lets kick it to the future so we don’t have to make a decision now” and then a “No” to keep political votes on their side in 2012. Sorry, we have to sell it somewhere. I’m not crazy about selling it to China, but we are going to sell it to someone.

Karthanon on February 9, 2012 at 3:19 PM

When the crap hits the fan we can always bombard the Chinese with Chevy Volts. It would be their most effective and economically efficient use to date.

Oxymoron on February 9, 2012 at 11:48 AM

Nah-uh, we’d get in trouble with the Geneva Convention for the Lead and rare-earth metals that would be scattered around when they hit the ground.

slickwillie2001 on February 9, 2012 at 3:21 PM

So if we ever get into a hot war with China, will the USA be blockading Canadian ports? What happens to NORAD and NATO?

slickwillie2001 on February 9, 2012 at 3:22 PM

U.S. Coal Exports

To China…
1,242,428 tons [April - June 2010]
1,155,127 tons [July - September 2010]

Dirty treacherous Snowbacks they…oh, wait?

sharrukin on February 9, 2012 at 3:34 PM

I blame Hillary and o’bummer

jake49 on February 9, 2012 at 3:37 PM

Harper: “Hi Barack, Eh, I was calling to give you an opportunity of a lifetime. Yes, you know that shovel-ready job hooey that you promised the minions, Eh? Yes, and all those jobs you ‘Just can’t wait for’? Yes, I have that too, Eh? Well, If you don’t take the offer, we’re going to go ask China, Eh?”

Barack: “Don’t uhhh, worry, I uhhhh got the v-vote in the uhhh
b-bag. Let uhhh China have it, I’ll uhhh be president of the uhhhhh U.N. by next term anywhoo!!”

Michelle: “Baaa-Rraaaaccck! Does the U.N. have a travel package with that? Will I be FLOT-UN? Can I live in the new digs in CT? Will I still be able to sh-t on the Americans? Is the stupid U.N. going to ask for a stupid birth certificate? Can’t you just give them the fake one you did last time?”

askwhatif on February 9, 2012 at 3:38 PM

There was never any doubt that Canada would pursue their own best economic and national interests and find a buyer for their resources.

Of course. The leaders of other nations know that they can’t get away with making decisions that jeopardize their nations’ economic and security interests lest their media report on what they’ve done and enrage voters. But here in the U.S., Barry Obama knows that the media won’t ever seriously question him or his motives, so he repeatedly puts his own personal political interests ahead of the nation’s best interests, and most of the public is oblivious to the enormous damage he’s doing to this nation.

AZCoyote on February 9, 2012 at 3:39 PM

So if we ever get into a hot war with China, will the USA be blockading Canadian ports? What happens to NORAD and NATO?

slickwillie2001 on February 9, 2012 at 3:22 PM

FFS.

Do any of you understand how capitalism and trade works? Blame Obama – not Canada.

You-Eh-Vee on February 9, 2012 at 3:44 PM

Not if Obama V2 runs against Obama.

Mitt is Obama. They are two sides of the same coin. We run him and Heads Obama wins tails well that is the Mitt Obama V2 head so Obama wins bigger as he destroys the Republican Party too.

I will never vote for Mitt.

Steveangell on February 9, 2012 at 3:45 PM

And – again – I do not place any blame on Harper for this. He has to look out for Canada’s interests first, not ours. The fault here lies with the White House for playing politics with such a critical issue.

Well of course it’s Harper’s fault. If O didn’t want it, no one else could have it. Or somethin’.

Robin Banks on February 9, 2012 at 3:46 PM

So much for strengthening alliances with our allies. The strategy must be to bow to our adversaries and flip the bird to our “special partners”.

I read there’s a chance that a pipeline will be built from North Dakota to Texas and we won’t need Barry’s approval. The Bakken fields in N.D. are producing a decent amount of tar-sands oil and there’s a shortage of proper rail cars to handle it all. Congress is going to have to force the issue sooner vs. later…

HoosierStateofMind on February 9, 2012 at 3:54 PM

So if we ever get into a hot war with China, will the USA be blockading Canadian ports? What happens to NORAD and NATO?

slickwillie2001 on February 9, 2012 at 3:22 PM

FFS.

Do any of you understand how capitalism and trade works? Blame Obama – not Canada.

You-Eh-Vee on February 9, 2012 at 3:44 PM

But the enemy is Islam.

We are already at war with Islam they just took new hostages in Egypt. How many Muslim countries must we be at war with before people wake up. Currently we are at war in Iraq, Afghanistan, recently Libia, soon perhaps Syria and Iran (who took hostages under Carter) in addition we are at war with several other Muslim countries where we kill Muslims with our Predator Drones. Actually reawaken to the fact that Islam is the enemy.

I say reawaken because 220 years ago Thomas Jefferson made it very clear Islam was the enemy by publishing copies of the Koran with a preface talking about how evil Islam was straight from Satan. Before that Christians were at war with Islam since 1060. That is over a thousand years. They mean to annihilate all Christians and have been constantly trying for a thousand years. Wake up. They have proven they will never change 95% of women in Egypt are circumsized. Islam is pure evil. 85% of Mosques in America encourage reading pamphlets extolling violent Jihad.

Steveangell on February 9, 2012 at 3:55 PM

I hope the greens are happy. Instead of a landlocked pipeline, oil will be shipped out of Canada on oil tankers. Because they’re SOOOOO much safer than pipelines.

At least the pipeline to a port will be flexible. There’s no reason why the U.S. couldn’t receive oil at the same port.

hawksruleva on February 9, 2012 at 3:56 PM

Well we don’t really want to import all that nasty global warming causing oil from a foreign country do we? /s

dentarthurdent on February 9, 2012 at 3:57 PM

Blame Obama.

Fleuries on February 9, 2012 at 3:57 PM

I wonder if the idiot greenies know that when that oil is burned in china, the pollution from it will drift over the U.S. anyway from the prevailing winds.

By the way, I wonder if the tree huggers have figured out they are wiping their azz with wood. Where do they think that paper comes from

Oh Yeah I love the J.E.B. handle somebody gave him…..hahahaha

I see the Christians have just threw in with the Catholics against J.E.B. I’d say that he is done this Nov.

Vodkanockers on February 9, 2012 at 4:24 PM

Well, you can go quote me. At the time, people were saying it was a showboating by Harper. I said specifically that if Harper finds a deal, he’ll sign it right then and there. I’m Canadian and Harper doesn’t give a damn. He’ll sell to whoever wants it. What I find ridiculous is that we (Canada) already sell most of our oil to the US. The US had nothing to lose and everything to gain. It’s so messed up. Even the route was a non-issue because there was already tons of pipelines everywhere along the route.

This situation is so messed up for you guys, I don’t know what to say. From Harper’s position, you really can’t blame him at all. He probably thought the US would jump at this. The lackluster interest and blatant refusal sent him packing. I think this is Obama’s plan to raise oil prices to make green energy viable. It’s always been his plan to do so.

MrX on February 9, 2012 at 4:36 PM

You guys and gals up north just punked Obama. Well done. I don’t blame the Canadians a bit for the deal.

Limerick on February 9, 2012 at 4:42 PM

Guess President Palin would have looked about now, eh!

She and Prime Minister Harper would have made a good team.

Sparky5253 on February 9, 2012 at 4:50 PM

I’ve always said that I’d like to move to Wyoming as the left has infiltrated Colorado to try and make it in their own, California image. Maybe I’ll revise that to a bit further north and choose Canada instead.

Common Sense on February 9, 2012 at 4:53 PM

This can’t be happening. What a nightmare.

mike_NC9 on February 9, 2012 at 4:53 PM

MrX on February 9, 2012 at 4:36 PM

I hear ya’. We deserve to get our noses rubbed in this one.

cozmo on February 9, 2012 at 4:55 PM

China will come to their senses. They will agree to do five years of environmental studies, allow mentally deficient English majors from Middlebury College (masquerading as Environmental Studies majors) to conduct public protests, and–finally–they’ll decide to vote “present” and blame it on Bush.

Just like any civilized country and leader would do.

MTF on February 9, 2012 at 4:59 PM

Steveangell on February 9, 2012 at 3:55 PM

What are you rambling about?

You-Eh-Vee on February 9, 2012 at 5:03 PM

It is becoming clearer by the day that Jugeared Jesus doesn’t like America. Everything he’s done since day one has been harmful to us and our position in the world. The ONLY thing he got right was green-lighting the Seals’ takedown of Osama Bin Hidin’. Everything else has been an unmitigated disaster; and the more time passes, the more it looks like it’s not accidental. He just doesn’t want America to be more successful than any third-world S***hole, and if he had his way we would be redistributing bucketfuls of money to the rest of the world through cap and trade.

Smart power my azz.

hillbillyjim on February 9, 2012 at 5:17 PM

I read there’s a chance that a pipeline will be built from North Dakota to Texas and we won’t need Barry’s approval. The Bakken fields in N.D. are producing a decent amount of tar-sands oil and there’s a shortage of proper rail cars to handle it all. Congress is going to have to force the issue sooner vs. later…

HoosierStateofMind on February 9, 2012 at 3:54 PM

ummm…..

it seems that some deals have been struck already.

askwhatif on February 9, 2012 at 5:18 PM

The ONLY thing he got was forced to do right was green-lighting the Seals’ takedown of Osama Bin Hidin’.

Good thing they knew which golf-course he was hiding on.

askwhatif on February 9, 2012 at 5:20 PM

US coal deals w/China

US oil drilling rights for China off Florida in the Gulf of Mexico

US Military acquisition of parts manufactured in China…

Dirty treacherous Snowbacks they…oh, wait?

sharrukin on February 9, 2012 at 3:34 PM

maverick muse on February 9, 2012 at 5:26 PM

Not if Obama V2 runs against Obama.

Mitt is Obama. They are two sides of the same coin. We run him and Heads Obama wins tails well that is the Mitt Obama V2 head so Obama wins bigger as he destroys the Republican Party too.

I will never vote for Mitt.

Steveangell on February 9, 2012 at 3:45 PM

Agreed. If Romney wins the nomination, it will be virtually impossible for him to counter Obama’s policies in the general election, so Obama wins and America loses. If by some miracle and Romney wins the general election, he destroys what’s left of the GOP brand while doing little to save America and America loses.

Its a lose/lose situation. Vote for anyone else but Romney.

JeffVader on February 9, 2012 at 5:26 PM

I am struck by the apparent similarities between the way Obama seems to (often it seems) choose ideology over what is good for the nation. Of course, he thinks his ideology is good for the nation, but then that is a similar in ways to what Andrew Roberts (Storm of War) said on Uncommon Knowledge was the way Hitler acted in many decisions during WWII that ultimately proved to be disasterous — ideology over national good.

I will have to reiterate that this is not to say Obama == Hitler, for Obama is certainly not. But it certainly seems like he’s letting ideology triumph over what might be the good of the nation or even good common sense.

Russ808 on February 9, 2012 at 5:33 PM

This is what obama wanted. They now have long term contracts and the next administration can not get oil that is under contract to go to china so his decision can not be reversed by a president that serves his country and not allah the muslim deity.

dunce on February 9, 2012 at 5:37 PM

I am struck by the apparent similarities between the way Obama seems to (often it seems) choose ideology over what is good for the nation. Of course, he thinks his ideology is good for the nation…

Russ808 on February 9, 2012 at 5:33 PM

I think your are wrong on this one point. I think Obama feels/knows that his ideology is BAD for the country. And that is why they push their ideology over what is good for the nation. They do not like America. Remember: “fundamentally transform the United States of America.”

Just my opinion.

JeffVader on February 9, 2012 at 5:42 PM

Maybe Obama really is the Manchurian Candidate after all.

profitsbeard on February 9, 2012 at 5:45 PM

This is what obama wanted. They now have long term contracts and the next administration can not get oil that is under contract to go to china so his decision can not be reversed by a president that serves his country…

dunce on February 9, 2012 at 5:37 PM

Great point. Hadn’t thought about it that way.

JeffVader on February 9, 2012 at 6:44 PM

Maybe Obama really is the Manchurian Candidate after all.

profitsbeard on February 9, 2012 at 5:45 PM

If he’s not, then he’s the biggest dunce to occupy the WH since Carter. I’m thinking that he knows exactly what he’s doing in regards to weakening our position on the world stage on several fronts.

hillbillyjim on February 9, 2012 at 8:16 PM

Way to go Obumber !!!!!

tomyj1 on February 9, 2012 at 9:19 PM

Energy costs will skyrocket, if not from cap and trade, then from a weakened dollars and more expense oil

NickelAndDime on February 9, 2012 at 9:49 PM

Too many braindead voters won’t care or won’t pay attention to this story and vote Obama in anyhow. At least 20% of them will vote for him just because of the (D) tag.

Decoski on February 9, 2012 at 9:57 PM

Not too tough when you are not trying to destroy your country.

borntoraisehogs on February 9, 2012 at 11:15 PM

Since the argument being used against the XL Pipeline is the Environmental Issue:
Why is it that nobody has done a comparison – from an Environmentally point of view – between bringing the Canadian Oil to Houston via the XL Pipeline and refining the oil there and bringing the Oil to Vancouver BC, freighting it in Tankers to China and refining it there?

gullxn on February 9, 2012 at 12:04 PM

There is indeed a movement against the BC pipeline – well funded by American environmental groups. One government bureaucrat has organized hearings to discuss the pipeline, and has allowed anyone to speak at it (except, of course, any Canadians who are for it). One Brazilian woman was contact and asked why she wanted to testify – and she had never heard of the pipeline. These hearings are scheduled to take a year. Meanwhile, I hope Harper ignores them and goes ahead and builds the pipeline while David Suzuki (a government funded lobbyist environmentalist) is addressing the panel.

If that is what Canada wants to do, fine. I would stop all commerce between the U.S. and Canada. Let them get all the stuff they get from us for China.

Zelsdorf Ragshaft on February 9, 2012 at 12:38 PM

I was in a department store the other day. Almost everything inside was already from China. I’m not even sure what America builds anymore.

Johnny 100 Pesos on February 9, 2012 at 11:45 PM

Payoff for China buying our debt.

They own us.

We just think we still hold the mortgage.

PappyD61 on February 9, 2012 at 11:49 PM

This is so depressing.

Liberals are going to kill us all.

scotash on February 10, 2012 at 2:25 AM

Steveangell on February 9, 2012 at 3:45 PM

And now I’m in a foul mood.

Steve, I don’t care who you will vote for. If you aren’t part of the solution, you’re part of the problem. Go be a Democrat for all I care.

scotash on February 10, 2012 at 2:35 AM

There, now we shall heat our homes with Chevy Volts!! Union Power!!/s.

teehee

askwhatif on February 9, 2012 at 3:04 PM

Remember to crash your Chevy En Fuego once every two weeks before using as kindling.

Myron Falwell on February 10, 2012 at 10:03 AM

Steveangell on February 9, 2012 at 3:45 PM

And now I’m in a foul mood.

Steve, I don’t care who you will vote for. If you aren’t part of the solution, you’re part of the problem. Go be a Democrat for all I care.

scotash on February 10, 2012 at 2:35 AM

This post underscores the REAL problem.

It rests upon the people that have propped up Romney all along, trying to force him down the throats of a political base. A political base where a plurality doesn’t want him as the nominee – and never have. It’s not helped when this person sold as this Next Great White Hope fails to convince the base that he’s worthy of their vote (and makes Dan Quayle cringe-induing blunders), and can only win through his SuperPAC pals when his opponents are character-assassinated through a pathetic display of the Politics of Personal Destruction.

Those same people who carry the water for Mitt then blame those same people when they threaten mutiny. Or is that Mitt-iny?

People like scotash, Jailbreak, et al., are playing a game of pure projection.

Myron Falwell on February 10, 2012 at 10:12 AM

Hi gang

I am pro-american to the tip of my toes

I have always defended the US to my left-wing Trudeau-loving idiot friends and acquaintances, among other things

I am in the Conservative party since it was Reform in the late 80′s (I jumped from Mulroney to Manning after seeing his policies kowtow to socialism/and quebec)

I work in the National Security area with US CBP and things like that, have US friends and I know this is a large introduction.

I am so furious, so mad, so out of my mind teed off at the USA right now, that I wholeheartedly support PM Harper’s efforts to diversify our interests with China and the pac Rim.

It is a bit hard for me to put in worgs how disappointed and teed off I am with teh USA right now, words fail me.

Even the Repubs, the go-along gang, have not impressed me , for along time

You’ve become totally dysfunctionnal, not just politically, but actually giving adamn where your own interests lie; such as Kicking Mubarak out and installing Islamists in (like Iran in ’79) or Libya…

It’s impossible to build anything anywhere in your country, and I, as canadian have had it being taken for granted;

And with the lukewarm Repub 2012 mess, Obama is gonna win, and stick it to us even more when he’s home free for four more years; He’ll cancel all further oil/gas, or anything else that strikes his fancy, he won’t give a darn what happens to canada, and 2016 is too far off to sacrifice our proseperity to your totally dysfunctional progressive mess.

So I guess, I sympathize to the people that did not vote for the Hope N’ Change maniac, but am not willing to sacrifice the future of my countries interests and growth to “wait” for you to come to your senses, maybe…

I do not wish to offend, but I frankly feel betrayed, in every sense of the word, for supporting your country in the past, almost unconditionally.

What a mess…
Take care

Gauthijm on February 10, 2012 at 10:43 AM

Another big win for Obama in his Jihad against America.

Axion on February 10, 2012 at 10:48 AM

“Harper: “Hi Barack, Eh, I was calling to give you an opportunity of a lifetime. Yes, you know that shovel-ready job hooey that you promised the minions, Eh? Yes, and all those jobs you ‘Just can’t wait for’? Yes, I have that too, Eh? Well, If you don’t take the offer, we’re going to go ask China, Eh?”

Barack: “Don’t uhhh, worry, I uhhhh got the v-vote in the uhhh
b-bag. Let uhhh China have it, I’ll uhhh be president of the uhhhhh U.N. by next term anywhoo!!”

Michelle: “Baaa-Rraaaaccck! Does the U.N. have a travel package with that? Will I be FLOT-UN? Can I live in the new digs in CT? Will I still be able to sh-t on the Americans? Is the stupid U.N. going to ask for a stupid birth certificate? Can’t you just give them the fake one you did last time?”

askwhatif on February 9, 2012 at 3:38 PM

Absolutely Hilarious

Thank you for the laugh

Gauthijm on February 10, 2012 at 1:32 PM

Canada would much prefer the oil go to our best friends, the USA. Lots have been been very vocal on that. So if you folks can dump the Dummy in the White House in 2012 and get a real President, I’ll bet you can still get LOTS of oil, and we would prefer it that way.

Sounder on February 10, 2012 at 7:27 PM

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