The word is out, there's oil in that thar tundra!
CBS News Sixty Minutes did a twenty minute report on the oil sands of Fort McMurray and the possible oil supply solution sitting on America's doorstep. With the price of oil increasing daily and turmoil in the Middle East making dependability of supplies there suspect, the prospects of Fort McMurray going into even more frenetic development seems likely.
With the likes of T Boone Pickens, the legendary oil man singing the praises of the Tar Sands one senses that the Americans will be paying a lot more attention to the tracts of land between 54 and 60 degrees. Not to mention lining up for jobs, the report last night painted a picture of a modern day gold rush with thousands of jobs to come and hardly anyone around to fill them. Then there is China which is also starting to develop more than a curious interest in the vast supplies of oil in the tar sands of Alberta.
It's taken a little bit longer than most thought to finally get the worlds attention about the Tar Sands project, but in these tumultuous times in the world, safe, sedate, boring little Canada may become one of the largest players in the world of energy. All of a sudden we're going to be the most popular gal at the dance. Best to take our time as we decide who to dance with.
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