§ This topic arose from the DND mandate
regarding the defence of Canada..
Security of energy supply and protection against interdiction clearly
are relevant, both directly and indirectly, to the primary mandate.
§ My own interest in the topic goes back many
years, due to my interest in nuclear energy and the consequent need to compare
this energy option with others in use and proposed.
§ Recent events have “stirred the pot” – i.e.
Hurricanes Katrina and Rita. A more fundamental
concern is that North America is in danger of falling hostage to foreign suppliers
of natural gas and oil. North American
natural gas is in very short supply today, with little prospect of future
improvement without massive imports.
Though Canada appears capable of meeting domestic oil demand for many
years, due to NAFTA agreement the market is open, and continental demand
already exceeds supply by a large margin.
The high bid for Canadian crude will not necessarily be for product to
serve the Canadian market.
§ Will present a brief summary of the
situation as I see it today. Please
argue the facts with me – this study has so far been akin to “picking fly
specks out of black pepper”. It is very
difficult to determine which person is telling the situation as it really is,
and which other person is pitching his or her self-interest.
§ Two recent meeting reports give summaries of
background material. Only one of these
can be reported here, but I found some close parallels in a public document, which
is available for distribution.