Scary, scary times Mark.

Hi Kaz

I think we can exploit oil in our own territories, but… Canada has trade agreements with the US that make it difficult to access our own oil.
And because of the green delusion- things haven’t been as productive here for some time- that can change

In the short term.. there will be financial pain here and in the US.
I agree Europe is in dire straights and this could get a whole lot worse

Will you though. North America has ways to exploit oil in their own territories. And is able to produce enough to be a net exporter like we have seen at the top of the shale oil period.

The current owners of the shale oil are deliberately keeping the production low at the moment for high oil prices. If it were to go hurt other important businesses in America I am quite sure they will be pressured to get the volume up.

Europe though has no such option. I don’t see it having the flexibility to increase local oil extraction. Synthetic fuel would be one option, but because of the green hypnosis I doubt they will apply methods like that.

Europe is in direr straights than North America.

https://qz.com/u-s-says-it-will-provide-unspecified-support-for-israe-1851408262
The White House says it will provide unspecified support for Israel’s defense against an ongoing airborne attack from Iran
National Security Council spokesperson Adrienne Watson said in a Saturday statement that “Iran has begun an airborne attack against Israel.” She added: “The United States will stand with the people of Israel and support their defense against these threats from Iran.”
Israeli aviation authorities say they are closing the country’s airspace to all flights as it braces for an Iranian drone attack.

The country’s airport authority said the closure would go into effect at 12:30 a.m. local time (5:30 p.m. EDT).

It said flights would be affected and advised travelers to check with their airlines for changes.

Iranian state television announced that Tehran had launched an attack toward Israel. Iraq’s state news agency quoted Transportation Minister Raqqa Saadawi as saying the country’s airspace was closed.

Before the attack was announced, a FlyDubai flight from Dubai in the United Arab Emirates to Tel Aviv, Israel, turned around as it was over Saudi Arabia, flight-tracking data showed.

https://thepeninsulaqatar.com/article/13/04/2024/iran-launches-drones-at-israel
Iranian press TV says Iran’s elite Revolutionary Guards have launched extensive drone strikes against targets in Israel.

The English-language media outlet cited Iranian sources.

The White House also confirmed that Iran has begun airborne attack against Israel, with Washington saying that the attack is likely to unfold over a number of hours.