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juan-de-fuca t1_iu3r7yq wrote

Is it wrong to think “pathetic, Canada has huge oil and gas reserves and not one major corporation to represent that”?

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GoatOnDaMoon t1_iu3uruj wrote

The problem is those Oil reserves are in tar sands, which makes the extraction difficult to scale and profitable at oil prices up until recently

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685327593 t1_iu3y255 wrote

And the lack of pipeline capacity due to Keystone XL being canceled.

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ItCaliGirl t1_iu5p16b wrote

Less money for the Koch brother, though, so W!

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685327593 t1_iu5rvyw wrote

It has nothing to do with the Koch bothers.. also there is only one now because the other died.

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Zalibo t1_iu4151e wrote

>Is it wrong to think “pathetic, Canada has huge oil and gas reserves and not one major corporation to represent that”?

well thats the problame with not nationalizing the Natural resource canada and the US may have larger producation then the many other countries but they are the least places where the public actually banefit from these resources

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Zeko_Tosh t1_iu40g8o wrote

On the other hand, France and UK don't have any reserves.

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Pippin1505 t1_iu491j4 wrote

The "nationality" of IOC is meaningless.
They're multinational and investor owned. They follow the money...

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Zeko_Tosh t1_iu4nc10 wrote

Yes I know how it works. Basically : Fuck off and give me your oil.

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knowknowknow t1_iu4wmni wrote

I'm not sure you do know how it works. I just watched in real time as you learned that the UK has hydrocarbon reserves

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