China in Shell out

[Michael Hardner]

Why Wouldn't Americans bring in cheap Chinese labour to Canada?? It may help there profitibility just as much, and the logistics are the same...

No - the logistics are different for an American company versus the government of China.

[Michael Hardner]

Are you serious?

Shell has some major Dutch shareholders, that doesn't mean a wooden shoe store in Fort McMurray is going to prosper.

Wow, that was quite a non-sequitor... I liked it.

[ZenOps]

You can't get american oil labour into Canada.

Texans can't stand the cold, and they are already making millions in their own oilfields. If you park them behind a desk and pay them mid-triple thousand digits then yes you can snag a few, but definitely noone who will actually put the pipes together.

And its not like Canada sold all of the tarsands to China, I think its about 0.1% at most (of the at least two trillion barrels of recoverable oil with todays technology) This is not counting the recoverable barrels if someone should enhance the recovery techniques in the future, or finds a new deposit somewhere.

Tarsands are still seen as a very immature source of oil. If anything - its a backup of a backup to buy up tarsands instead of conventional oil.

The Samsung solar panel deal with Canada is much more interesting and far more progressive (and politically correct)

http://www.engadget.com/2010/01/22/ontario-and-samsung-seal-6-7-billion-renewable-energy-deal/

Edited January 28, 2010 by ZenOps