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Warren Buffett

Obama's curious petro-diplomacy

Obama's curious petro-diplomacy

History will remember U.S. President Barack Obama for having unshackled Iran from economic sanctions so it could enjoy the full benefit of its oil revenues -- some $100 billion or so on standby, according to U.S. Treasury estimates. Obama has arguably done more for Iran's energy independence than he has for America's.

"The U.S. is still relying on oil from the Middle East," Patrick Pouyanne, CEO of the French oil company Total, told CNBC earlier this year. "It is not true the U.S. will be independent in oil -- they continue to import."

Good thing that Iran's oil has been freed up. But why hasn't Canada's? What does a Canadian have to do to get some...