Big Energy Turns US (& Canada) into 3rd World PetroState

Big Energy Turns US (& Canada) into 3rd World PetroState

Postby Oscar » Mon Apr 09, 2012 11:38 am

How the Big Energy Companies Plan to Turn the United States into a Third-World Petro-State

QUOTE: "The formula for making Canada and the U.S. the “Saudi Arabia” of the twenty-first century is grim but relatively simple: environmental protections will have to be eviscerated and those who stand in the way of intensified drilling, from landowners to local environmental protection groups, bulldozed out of the way. Put another way, North America will have to be Third-Worldified."


How the Big Energy Companies Plan to Turn the United States into a Third-World Petro-State

http://www.alternet.org/story/154787/co ... age=entire

Will North America become not just the next boom continent for energy bonanzas, but a new energy Third World?

April 1, 2012 | by Michael T. Klare

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The “curse” of oil wealth is a well-known phenomenon in Third World petro-states where millions of lives are wasted in poverty and the environment is ravaged, while tiny elites rake in the energy dollars and corruption rules the land. Recently, North America has been repeatedly hailed as the planet’s twenty-first-century “new Saudi Arabia” for “tough energy” -- deep-sea oil, Canadian tar sands, and fracked oil and natural gas. But here’s a question no one considers: Will the oil curse become as familiar on this continent in the wake of a new American energy rush as it is in Africa and elsewhere? Will North America, that is, become not just the next boom continent for energy bonanzas, but a new energy Third World?

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