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08-29-2014, 07:22 PM
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Join Date: Aug 2008
Location: Southern Alberta
Posts: 233
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Alberta/CANADA tar sands..
Just was wandering why we call it the Alberta or Canadian tars sands when in all actuality it's owned by CHINA...Politically correct term would be the Chinese tar sands located it Alberta Canada 
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08-29-2014, 07:23 PM
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Join Date: Dec 2008
Posts: 2,588
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Hmmmmm
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08-29-2014, 07:35 PM
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Join Date: Feb 2010
Location: Central Alberta
Posts: 2,984
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Better question is why would you call them tar sands since there is no tar there?
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08-29-2014, 07:46 PM
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Join Date: Sep 2012
Posts: 2,052
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Snap out of it
China has some investiture in the Oil Sands via the purchase of Nexen some time back and other investments but China sure as hell does not own anywhere close to a majority of them.
China also owns a 20% stake in Teck Resources because of the financing it lent to Teck Resources 1 year after Teck Resources bought out Fording Coal for 14.5 billion back in 2008.China did this as a way to secure supplies of raw resources.
By the way only leftist greenie environamentalists call the Oil Sands the Tar Sands.As an Albertan calling the Oil Sands the Tar Sands....well you should be tarred and feathered.
FTH
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08-29-2014, 07:53 PM
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Join Date: Feb 2013
Posts: 1,851
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Quote:
Originally Posted by From The Hip
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By the way only leftist greenie environamentalists call the Oil Sands the Tar Sands.As an Albertan calling the Oil Sands the Tar Sands....well you should be tarred and feathered.
FTH
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wow you have a short memory... "tar sands tar sands tar sands!"
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08-29-2014, 08:04 PM
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Join Date: Dec 2008
Location: Camrose
Posts: 45,143
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I can't help but wonder how anyone could possibly get the idea that China owns the tar sands.
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Only accurate guns are interesting.
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08-29-2014, 08:04 PM
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Banned
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Join Date: Sep 2008
Location: calgary, Alberta
Posts: 1,881
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good point ....
Quote:
Originally Posted by Browning Sharpsh00ter
Just was wandering why we call it the Alberta or Canadian tars sands when in all actuality it's owned by CHINA...Politically correct term would be the Chinese tar sands located it Alberta Canada
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next time these granola head liberal types want to protest the operation of the oil sands in alberta they can go to China and hold there signs up there ...
would luv to see CBC's coverage of that !
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08-29-2014, 08:17 PM
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Banned
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Join Date: Aug 2008
Location: Southern Alberta
Posts: 233
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Check out Petro-China..follow the rabbit down the hole.. 
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08-29-2014, 08:29 PM
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Join Date: Dec 2008
Location: Camrose
Posts: 45,143
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Quote:
Originally Posted by Browning Sharpsh00ter
Check out Petro-China..follow the rabbit down the hole.. |
Given the size of the oilsands, and the huge leases held by other companies , such as Syncrude,Suncor, Albian Sands, and many others, Petro China hardly owns a major share of the oilsands.
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Only accurate guns are interesting.
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08-29-2014, 09:06 PM
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Join Date: Jan 2010
Location: West of North South
Posts: 2,367
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Quote:
Originally Posted by From The Hip
By the way only leftist greenie environamentalists call the Oil Sands the Tar Sands.As an Albertan calling the Oil Sands the Tar Sands....well you should be tarred and feathered.
FTH
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Sorry pal - they were the Athabasca Tar Sands back when I was still peeing my pants and before any leftist greenie from the hip hippy peacecreeps even lived in Alberta.
Oil Sands is just a corporate spin name to make the extraction more palatable to the naive.
You from around here boy?
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08-29-2014, 09:54 PM
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Join Date: Dec 2008
Location: Edmonton
Posts: 960
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Why don't we just call it what it is….bitumen covered sand….. Problem solved….everyone was wrong.
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08-29-2014, 09:57 PM
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Join Date: May 2008
Location: Bonnyville Alberta
Posts: 2,355
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Ibtl.
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08-29-2014, 09:58 PM
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Join Date: Jun 2007
Location: Ft. McMurray
Posts: 38,585
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They were calling it the Tarsands since I hit town in 1973, I see no reason to change now .
And yeah, there are many owners other than the Chinese.
Cat
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08-29-2014, 10:34 PM
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Join Date: Nov 2007
Location: S.E. British Columbia
Posts: 4,579
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You guys forget that foreigners may own the extraction and processing facilities, but it's the people of Alberta who own the resource and their government who charges a (reportedly measly by world standards) royalty on same.
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08-29-2014, 10:40 PM
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Join Date: Jul 2007
Posts: 7,268
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Walleye pickerel..... Oil sand tar sand.....
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08-29-2014, 10:50 PM
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Join Date: Oct 2009
Location: Sherwood Park Ab
Posts: 6,282
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Grouse chicken
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An awful lot of big game was killed with the .30-06 including the big bears before everyone became affluent enough to own a rifle for every species of game they might hunt.
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08-30-2014, 12:06 AM
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Banned
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Join Date: May 2011
Location: down by the river
Posts: 11,428
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Quote:
Originally Posted by From The Hip
China has some investiture in the Oil Sands via the purchase of Nexen some time back and other investments but China sure as hell does not own anywhere close to a majority of them.
China also owns a 20% stake in Teck Resources because of the financing it lent to Teck Resources 1 year after Teck Resources bought out Fording Coal for 14.5 billion back in 2008.China did this as a way to secure supplies of raw resources.
By the way only leftist greenie environamentalists call the Oil Sands the Tar Sands.As an Albertan calling the Oil Sands the Tar Sands....well you should be tarred and feathered.
FTH
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So how much of the tar sands does China own?
10's of billions or 100's of billions?
Anyone who calls them oil sands should have their man card revoked.
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08-30-2014, 12:14 AM
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Banned
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Join Date: Nov 2012
Posts: 3,378
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Who's the thought police now.
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08-30-2014, 12:16 AM
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Banned
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Join Date: May 2011
Location: down by the river
Posts: 11,428
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Quote:
Originally Posted by ali#1
Who's the thought police now.
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Just gimmee the authority and a nightstick bud
already got the boots
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08-30-2014, 12:19 AM
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Banned
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Join Date: Nov 2012
Posts: 3,378
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Quote:
Originally Posted by BeeGuy
Just gimmee the authority and a nightstick bud
already got the boots
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Don't go climbing cokers now bee guy.
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08-30-2014, 01:05 AM
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Join Date: Jul 2007
Posts: 7,268
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Quote:
Originally Posted by ali#1
Who's the thought police now.
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Dream police
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08-30-2014, 06:55 AM
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Banned
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Join Date: Aug 2008
Location: Southern Alberta
Posts: 233
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I sat down to watch so tube (tv) and they started playing these pro Canada oilsands commercials, which is a huge lie.. At least 51% of the tarsands are owed by Chinese companies..
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08-30-2014, 07:36 AM
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Join Date: Nov 2007
Location: S.E. British Columbia
Posts: 4,579
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Who owns the other 49%? Canadians? Doubt it.
What percent of Alberta's oil sands industry is owned by real Canadian companies (corps whose majority of shareholders reside in Canada)?
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08-30-2014, 08:06 AM
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Join Date: Jun 2007
Location: Ft. McMurray
Posts: 38,585
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Quote:
Originally Posted by 1899b
Grouse chicken
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Pheasant - ditch parrot! 
Cat
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08-30-2014, 10:18 AM
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Join Date: Jun 2011
Posts: 991
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Quote:
Originally Posted by Browning Sharpsh00ter
I sat down to watch so tube (tv) and they started playing these pro Canada oilsands commercials, which is a huge lie.. At least 51% of the tarsands are owed by Chinese companies..
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Really? So you saw it on TV so it must be true?
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08-30-2014, 12:06 PM
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Join Date: Dec 2008
Location: Camrose
Posts: 45,143
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Quote:
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I sat down to watch so tube (tv) and they started playing these pro Canada oilsands commercials, which is a huge lie.. At least 51% of the tarsands are owed by Chinese companies..
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Just what proof do you have that the Chinese own 51% of the tarsands?
__________________
Only accurate guns are interesting.
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08-30-2014, 03:13 PM
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Banned
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Join Date: May 2009
Location: Communist state
Posts: 13,245
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Quote:
Originally Posted by BeeGuy
Just gimmee the authority and a nightstick bud
already got the boots
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If only they gave out a badge for the R.A.P. (Report A Poster) program, the uniform would be complete hey?
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08-30-2014, 04:10 PM
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Join Date: Jan 2012
Location: edmonton
Posts: 1,428
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the americans own most of it, or large controlling interests in canadian companies that own leases
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08-30-2014, 05:29 PM
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Join Date: Aug 2014
Location: Edmonton
Posts: 46
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Watch out, it will only get worse as our government continues to mess up our economy....
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08-30-2014, 07:19 PM
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Join Date: Mar 2009
Posts: 241
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I bought Suncor shares about 5 years ago for $23.50 and today the shares have nearly doubled.
Anyone who wants to can buy shares in nearly all of the companies operating in the oil sands of Alberta.
Had I had some spare money in the late 60's when GCOS (Great Canadian Oil Sands), which is now Suncor, was starting up to invest in I would have made a very good investment return.
Are there people out there that are not aware that practically all pension funds, including CPP, have a large share of their income generated from investments in oil sands companies?
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