Buy Online Viagra, Cialis, Levitra

US cap-and-trade legislation will have widespread ramifications, not only for Americans, but for America’s largest trading partner, too.** Canada’s Conservative government has placed all its financial eggs in one basket in making the Alberta tar sands the center of the country’s economic policy.* Unfortunately for Canada, with depressed prices for oil, tar sands companies are facing a bleak and uncertain future.

The unconventional heavy oil from Alberta is difficult to access and expensive to produce, and cheap oil prices make the industry unprofitable; best online pharmacy cialis.In fact, some analysts have suggested that oil needs to head north of $60 US ($71 Cdn) a barrel before Alberta’s oil industry starts humming – best online pharmacy cialis.

Best online pharmacy cialis: the recent price spike has helped Alberta, but any respite is likely to be short-lived.According to a new report by the Canadian Energy Research Institute, strict new environmental regulations now being discussed in Washington will make oil sands projects even more expensive, and producers might need the price per barrel to spike above $105 to keep profits flowing – best online pharmacy cialis.

With the economy still languishing, it might be years before oil hits triple digits again, and study’s authors say that tar sands growth might be 40 percent lower than conservative estimates made just a year or two ago – best online pharmacy cialis. Best online pharmacy cialis: many oil-sands projects have already been delayed or cancelled by a weak market and tight credit, so ant new emission legislation “is going to squeeze out even more projects,” says David McColl, research director at CERI.”[The oil sands are] not going to be the big boom that everyone thought it was.”

Interestingly, Greenpeace has chosen this uncertain time to attack. Best online pharmacy cialis: the environmental campaigners are targeting Norway’s StatoilHydro with a shareholders resolution asking the company to divest itself of tar sands projects.StatoilHydro — which is partly state-owned — is a new player in Alberta, having bought 257,000 acres of oil sand leases in 2007 – best online pharmacy cialis.

But tar sands oil is heavy with carbon; best online pharmacy cialis.According to Greenpeace, StatoilHydro would emit 60-180 kg of CO2 per barrel from oil sands projects versus the 7.8 kg per barrel emitted from Statoil’s North Sea fields.At the moment, the Norwegian government and Statoil executives are suggesting that the Greenpeace initiative is falling on deaf ears, and they plan no changes in policy – best online pharmacy cialis. Best online pharmacy cialis: but some notable investors have been shocked by the Greenpeace campaign.

Swedish pension fund KPA – with $7 billion under management and a stake in StatoilHydro — is taking Greenpeace’s side at next week’s shareholders meeting.

“We will back the motion,” says KPA environmental manager Kerstin Gronwall.”We feel that if Statoil cannot protect the environment it should withdraw from Alberta — this goes with our criteria for environmental investments.” Another Nordic investor, Danske Bank, which owns StatoilHydro shares worth $68.1 million, said it was checking whether the oil-sands engagement breached its responsible
investment rules.

______________________

*The Waxman-Markey cap-and-trade plan includes a provision for a carbon tariff on countries that don’t take steps to cut their emissions; best online pharmacy cialis. Best online pharmacy cialis: carbon capture technology probably won’t work in the tar sands, and even if it does, it’s 20-30 years away from widespread inplementation.

** Liberal Leader Michael Ignatieff, our Prime-Minister-in-Waiting, is making the same mistake.He doesn’t understand that the Alberta Tar Sands are an economic dead end.