When you cut through the Greenpeace hysteria and lies you will find the most safe, secure and abundant source of crude.
If Canadians decide to lean to the left, that well could dry up quickly. Not only would that put the U.S. in a position of having to continue its dealings with unsavory nations, but the economic ramifications of such a mistake would surely impact the entire North American economy.
The truth is, Canada has tried this before. In the late 1970's, quasi-communist P.M. Pierre Trudeau believe the best way to deal with a floundering economy was to nationalize our oil industry with something called the National Energy Program. In reality, it was nothing more than a thinly-veiled attempt by Ottawa to raid Alberta's economy. It was a program of wealth distribution, plain and simple.
Not only did the NEP turn out to be the expected failure, it destroyed the Albertan economy to the point that it took the oil-producing province more than a decade of tough cuts and rollbacks to recover. The negative impact hit other regions of Canada as well, as most of the nation's revered social programs were funded by Western Canada's oil revenues.
Fast forward to today, and we see the Liberals have not learned from their past mistakes and are proposing what amounts to be the NEP II. This time the left's favorite excuse for everything they do, the environment, is the explanation.
May 2nd is election day. The failure of Canadians to return Stephen Harper's Conservatives to power with a majority could very well signal the beginning of another disastrous attack on Alberta.
With the economies of our two nations so deeply intertwined, the shock-waves would reach all the way to Washington D.C.