[NoWorries]

...According to this National Post report (Canada):

http://www.nationalpost.com/news/story.html?id=633043

Glad to hear it.

[DantesPeak]

...According to this National Post report (Canada):

http://www.nationalpost.com/news/story.html?id=633043

Glad to hear it.

Welcome NW.

I don't claim to an expert on Canada but it could have some positive effects in the very short run - mainly because of the profits from using existing infrastructure built with cheap oil. Once the cost of building new homes, roads, cities, etc., is based upon $200 oil, it will become apparent that $200 oil will actually make things much worse for Canadians.

[mrobert]

In a $200 oil world, a government who collects taxes from selling $200 oil, can easily afford to build roads at thos prices.
Being a producer of oil, does come with some advantages.

[Kingcoal]

The problem is that the article talks about early PO problems. What most people miss when they learn about PO is that it is an accelerating decline. As it progresses, every year we produce less than the year before. As time goes on, we produce significantly less than the previous year. If it were linear, we might be able to adjust to a linear decline, but I doubt even that. When you add market pricing forces to that, you get a price well beyond economic practicality.

[VMarcHart]

As [PO] progresses, every year we produce less than the year before...

...and consume more than the year before --if I may add.

The article does a good job at analyzing the upside of the near-term effects of PO; less commutes, less clutter, more exercise, etc. But if fails to attempt predicting the downside; lack of and/or highly-priced gasoline will not only affect the SUV owner driving 3 blocks for a "bag" of milk, but the distributor driving pick-ups across town, the wholeseller driving semi's across the provinces, the producers' employees driving to work, the doctors, utility workers, cops, etc, etc, watching after all these folks, etc.

Other than picking our noses, there is virtually nothing we do that do not involve some sort of oil, and for that matter, cheap oil.

[mrobert]

Other than picking our noses, there is virtually nothing we do that do not involve some sort of oil, and for that matter, cheap oil.

You eventually use some wiping material that is oil based. For the sake of mankind's oi supply, please stop doing that aswell

[VMarcHart]

Other than picking our noses, there is virtually nothing we do that do not involve some sort of oil, and for that matter, cheap oil.

You eventually use some wiping material that is oil based. For the sake of mankind's oil supply, please stop doing that as well

Well ... take nose-picking out of the list.

[mrobert]

You can pray. It's environmental friendly, sustainable and doesn't require fosil fuels

[Nicholai]

Careful folks, the National Post is a VERY conservative newspaper in Canada. In fact, the Asper family owns CanWest News Service which in turn owns over 20 major newspapers in 20 major cities...including the National Post. Canada has even more media concision in terms of ownership than the United States or any other OECD country.

These folks tend to deliver a VERY right wing gospel across the country and it has REALLY changed Canada's political dynamics. For example, when the Pembina Institute delivers a new report on the environmental problems associated with the tar sands, CanWest will always make reference to the group as "the left leaning Pembina Institute has published" etc. This goes for all groups who tend to publish left leaning material. CanWest is not wrong in stating that they are left leaning, but they are wrong in creating a double standard. They will never unveil a report from the Fraser Institute as "the right leaning Fraser Institute has published..." etc. etc.

Newspapers NEVER mention the socialist-democratic party like they used to. They only mention the Liberals if they are found in poor circumstance and they always mention the Conservatives at every opportunity available. But these papers are not small town rags, these are the largest papers in the largest cities delivered to millions of Canadian homes every day.

In summation, beware of the Canadian media. Canada isn't the socialist haven that everyone thinks we are. In fact, our media and our own Prime Minister have aligned themselves in support of John MacCain. Our politicians also believe that Alberta can produce 5 million barrels of oil per day by 2020....suffice to say Canadians are VERY disengaged from reality at this point.

[VMarcHart]

In summation, beware of the Canadian media.

If it was only the Canadian media we had to be aware of, this would be a great world.