Well if you are reading this blog you probably don’t read the Nation so I will try to broaden your horizons a little by exposing you to this amazing piece of work by the genius Naomi Klein called Baghdad Burns, Calgary Booms.
Here is a quote:
This isn’t the boom in Iraq sparked by the proposed new oil law–that will come later. This boom is already in full swing, and it is happening about as far away from the carnage in Baghdad as you can get, in the wilds of northern Alberta. For four years now, Alberta and Iraq have been connected to each other through a kind of invisible seesaw: As Baghdad burns, destabilizing the entire region and sending oil prices soaring, Calgary booms.
Here is how chaos in Iraq unleashed what the Financial Times recently called “north America’s biggest resources boom since the Klondike gold rush.” Albertans have always known that in the northern part of their province, there are vast deposits of bitumen–black, tarlike goo that is mixed with sand, clay, water and oil. There are approximately 2.5 trillion barrels of the stuff, the largest hydrocarbon deposits in the world.
Imagine how good it would be for Calgary if the US invaded Iran…
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1 Kissinger Admits Iran Attack Is About Oil (this will be good for Alberta) // Sep 21, 2007 at 11:14 am
[…] noted in this post when Baghdad Burns, Calgary Booms. When Tehran burns it will also be a boom for Calgary but it may […]
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