I think Martin's figured out how to make the Americans sit up and take notice

[The Mad Monk]

What does that have to do with the price of syrup?

[KrazyHorse]

4 entries found for you.
you Audio pronunciation of "you" ( P ) Pronunciation Key (y)
pron.

1. Used to refer to the one or ones being addressed: I'll lend you the book. You shouldn't work so hard. See Regional Note at you-all. See Regional Note at you-uns.
2. Used to refer to an indefinitely specified person; one: You can't win them all.
3. Nonstandard. Used reflexively as the indirect object of a verb: You might want to get you another pair of shoes. See note at me.

4 entries found for suck.
suck Audio pronunciation of "suck" ( P ) Pronunciation Key (sk)
v. sucked, suck·ing, sucks
v. tr.

1. To draw (liquid) into the mouth by movements of the tongue and lips that create suction.
2.
1. To draw in by establishing a partial vacuum: a cleaning device that sucks up dirt.
2. To draw in by or as if by a current in a fluid.
3. To draw or pull as if by suction: teenagers who are sucked into a life of crime.
3. To draw nourishment through or from: suck a baby bottle.
4. To hold, moisten, or maneuver (a sweet, for example) in the mouth.
5. Vulgar Slang. To perform fellatio on.

[Kuciwalker]

Thank you for explaining that to me

[KrazyHorse]

[Kontiki]

I don't get how we're selling off our resources to the Chinese anyway. Chinese companies are looking at buying Canadian companies. PetroCanada et al don't own the oil now, so why would China own the oil after the fact?

[notyoueither]

They could buy companies that own rights to extract and sell resources. They don't 'own' them, they just get to decide how much gets dug up and where it goes.

In the case of oilsands, or zinc mines, I'm not sure what the impact is. They are supposed to pay a royalty. That presumes that the petroleum is sold, doesn't it? I would imagine that there are provisions buried in the regulations that might cover state owned companies being involved in the resource sector.

[notyoueither]

fer instance, Exon would not be able to get away with owning a subsidiary that dug up oil and then sold it for sub market prices to another subsidiary outside of the country and thus ripping off the GoAlberta.

I suppose those same regulations would cover CubaOil buying rights to a patch of the oil sands and shipping oil to Havanna.

[Kontiki]

Originally posted by notyoueither
They could buy companies that own rights to extract and sell resources. They don't 'own' them, they just get to decide how much gets dug up and where it goes.

In the case of oilsands, or zinc mines, I'm not sure what the impact is. They are supposed to pay a royalty. That presumes that the petroleum is sold, doesn't it? I would imagine that there are provisions buried in the regulations that might cover state owned companies being involved in the resource sector.

The Government of Alberta owns the mineral rights to over 90% of the province, including almost all of the oil sands. Oil companies lease these rights from the GoA and must renew the leases or permits on a regular basis. If a Chinese owned company decided to screw with the regular markets, I can't imagine it would be that hard to say "sorry, no more leases for you". In the meantime, the GoA would still collect it's royalties.

[Kontiki]

Here's a good link about the leasing process in the oil sands:

http://www.energy.gov.ab.ca/docs/oilsands/pdfs/GDE_ost.pdf

[notyoueither]

I think we agree.

[Wycoff]

When I saw the title of this thread, I thought that Martin Lawrence went off his meds again.

DAMN GENA! FIGHT THE POWER!

Martin Lawrence

Martin Lawrence off his meds and running wild in Los Angeles

[Urban Ranger]

Now that the PRC and Canada decided to be strategic partners...

I didn't know Canada has some kind of atomic energy research centre. They don't seem to need that.

[Kuciwalker]

Now that the PRC and Canada decided to be strategic partners...

[KrazyHorse]

We have a significant number of nuclear power sites and have sold reactors to quite a few foreign countries.