Comment 48810

By renegauthier (registered) - website | Posted October 05, 2010 at 11:04:38

Oil has never been a boon to anyone but to those who sell it and refine it. It has boosted our currency rate, making it difficult to manufacture products to sell in the global marketplace. And the only way to compete in manufacturing is to do the one thing that our industries are notariously incapable of doing - invest in the plants to increase productivity. Being an oil producing/exporting country only offers benefits to few, while leaving others in the dust. We still have yet to see the true damage made to the environment as the result of activity in the oil sands. So I don't see any benefit from "Peak Oil" coming to any of us.

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