The latest numbers from Canada’s National Energy Board show oil imports at an all time high since 2012 at almost 760,000 barrels per day. American oil makes up over half the oil we import and the U.S. have essentially become our competitor largely due to unlocking their shale potential using horizontal drilling and fracking techniques.
We’re selling our oil at a discounted price and buying it back at regular price when we could be supplying eastern Canada with our own resource if we had a pipeline and if some of the refineries in the east would upgrade their facilities in order to process it.
But perhaps the most alarming thing about the increase in imports is that we’re getting more of our oil from OPEC countries. Those imports have increased from about 26 to 33 percent, and make up about one third of Canadian imports according to an article in the Financial Post.
We’re importing oil from places like Algeria and Saudi Arabia where women are treated worse than second class citizens and can face being stoned to death for things that wouldn’t even remotely be considered a crime here in Canada.
I thought our Prime Minister was a feminist?
Instead of supporting Alberta jobs, approving a pipeline and getting Albertans back to work, Justin Trudeau and the Liberals allow imports from countries that are serious human rights offenders and have even allowed imports to increase significantly.
I suppose that’s what tolerance and inclusion look like in the eyes of a progressive.
Economists at the NEB say that imports should remain steady unless producers in the west start shipping more oil to eastern Canada by rail.
I have a better idea – just fast track the pipeline already.