Guys, I've got news for you. The Canadians are running full bore year round on extraction of that oil sand. But they are also having their environmental problems, and problems with their indiginous peoples. The largest dump trucks in the world are right now in use in Northern Canada. They also have the largest Drag Line in operation there also. These machines were featured on MEGA MACHINES on the History Channel, just a week or so ago. Also some of the Oil Engineers I have been talking to are saying that is the biggest thing going right now in the oil industry. It's just the Oil Industry is not talking much about it to outsiders.
The Canadians are also trying to get a Natural Gas Pipeline run from there (Northern Canada) to the states.
I have talked to some of the Engineers that have been doing exploration in the Northern parts of Alaska and Canada. They have told me that the Oil Companies have taken all their reports and sealed them. The Companies are keeping the results secret so only they know what the real estimates are for Oil and Gas on the North Slope. But the engineers are saying that it is far more than the old reports said. That includes the area GB is talking about, The McKinnsey river delta, ANWR(Artic National Wildlife Refuse), NPR (National Patrolium Reserve Alaska), and the areas west of Prudoe Bay, and under the Beaufort Sea. We have no one but ourselves to blame for us buying all that oil from Saudi. We have enough to keep us going till alternate sources can be developed.
Just to fill you guys in on what is going on here in Alaska. Our new governor Sara Phalin has pulled the oil and gas lease for Point Thompson. The oil companies have been sitting on this lease for over 30 years and refusing to develop it. The oil Companies have sued and it is now going to court. If this one stands up in court Gov. Phalin intends to start pulling the other leases unless the oil companies start developing them. As for the Natural Gas Pipeline, Gov Phalin is now talking about a smaller line to serve Alaska cities, towns, and communities. Then possiably two small lines to go to Valdez to liquification plants to ship south. Looks like a line to the lower 48 is dead. Two reasons. First, congress, and the oil companies do not seem interested. Second, With the line running through Canada, the Canadians have said they will then run a line down from Pt McKinsey to feed their Gas into the line. Their oil minister also said they (Canada) would strip all the petro chemicals out of the Alaskian gas for their plastics industry. When we protested and said we would remove them before they entered Canada, he got real snippy and said remember we have control of the valve and could shut off the flow from Alaska and feed all Canadian gas to the lower 48. That means if we build the line the Canadians will have control over it and can shut us off any time they feel like it. So in other words Gov Phalin does not trust the Canadians, they are not being the friendliest of neighbors. We are currently having many issues with Canada.
