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Global energy superpower versus inward-focused fortress. It’s hard to believe these are the energy visions of Canada and the United States, and that it’s Canada that is going big, while the U.S. is going home.
But there you have it. After nixing the Keystone XL pipeline that would have imported lots of secure oil-sands oil from Canada, U.S. President Barack Obama made it abundantly clear in his State of the Union address that he wants a future based on U.S.-made energy, even if it takes subsidies to get there.
But not just green energy, which has been central to his energy vision in the past. He’s now embracing natural gas from shale, a fossil fuel deplored by his green constituents, but whose supplies are surging globally without his support, thanks to advancements made and funded by Big Oil, including Canadian companies and entrepreneurs.