Why We Should Open Up The Border With Canada (And Other Political Tips From Tim Draper)

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Open Up the Border With Canada

The border with Canada is already open(NAFTA) & Canada is the already the US's largest supplier of foreign oil(more than Saudi Arabia).

It would be harder to make the border any more open than it already is, especially for petroleum.

Actually our Canada's) petroleum resources are diminishing, anyway. Vast amounts of oil, but in less economical form of oil sands & shales.Expensive to extract & not economical unless prices skyrocket & stay there.

The value of Canada's dollar rises & falls with the value of petroleum.It tracks the ppb closely. Besides, as most Canadians realize, when petroleum prices are high & our dollar rises....it makes our production costs rise & our other products cannot compete in the American markets.

In any case, America must pay the world price for petroleum.There's no quick fix for America's energy crunch.

Draper is clearly outside his area of expertise. Embarrassingly so.

Henry @ Oct 25, 2009 09:22:39 AM

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