Petrochina Update: Chinese Oil Giant Buys Into Canadian Oil Sands

by Benjamin Domenech on 9:34 am September 1, 2009

Canada has been greatly interested in the stimulus and cap/trade debates because both contain protectionist features that will make it harder to sell us oil. (Remember, Canada and Mexico are our biggest foreign sources of crude oil, not the Saudis.) With China now having a direct stake in the debate, things might change somewhat.

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