TODAY, SEPTEMBER 11, 2011, IS THE 10TH ANNIVERSARY OF THE INFAMOUS 9-11 ATTACK ON USA....PVAF reviews the pre post and future of 9-11 impacts.....
Posted by Champaklal Dajibhai Mistry on September 11, 2011 truly commemorate today's sharing click on the hyperlinks in this sharing...
these hyperlinks will awaken you to yourself and your relationship of violence that you face in your daily life....
ON THIS PLANET EARTH FOR EVER...... a great cost of human lives and
their wealth, welfare and well-being in many nations...
...nations whose citizens
had nothing to do and vice versa with

Osama bin Laden...
who created this infamous day...
as per his own acclamation to the world....
....but post 9-11 showcased
the eternal goodness of humanity over
periodic evil dark side of humanity....
A montage of eight images depicting, from top to bottom, the World Trade Center towers burning, the collapsed section of the pentagon, the impact explosion in the south tower, a rescue worker standing in front of rubble of the collapsed towers, an excavator unearthing a smashed jet engine, three frames of video depicting airplane impacting the Pentagon.
File:World Trade Center, NY - 2001-09-11 - Debris Impact Areas.svg
You can study a very comprehensive overview of  the 9-11 attacks on USA and Post 9-11 drama by clicking here on Wikipedia, the Free Encyclopedia....

You can also acquaint yourself with Osama bin Laden by clicking on the get an idea/understanding  of what makes a 9-11 milestone in human history by a single human being....
File:War on Terror montage1.png
Clockwise from top left: Aftermath of the 9/11 attacks; American infantry in Afghanistan; An American soldier and Afghan interpreter in Zabul Province, Afghanistan; Explosion of an Iraqi car bomb
PVAF is publishing this sharing this weekend to remind the humanity the futility of  violence of any kind that causes human pain and suffering at any level of human existence anywhere on this planet Earth...the proof is clearly visible in known human history of say 3000 years...violence has destroyed humanity and its progress repeatedly to make humanity rebuild their future repeatedly...looking at today humanity has yet to learn the eternal happy fruits of non-violent lifestyle....

PVAF will publish a few choice articles this week as a learning from history of how 9-11 impacted humanity's individual and collective politics and economics to alter daily lifestyles of the generation who experienced 9-11 but also the generations of the past and how it will impact the generations of the future....prayfully the impact will keep bringing a happy tomorrow that the September 11, 2011...
For today's sharing of the 9-11 impact...PVAF shares the story of lands and people of Alberta, Canada  and their livelihood giving and sustaining natural resources of oilsands sharing with humanity in a society based on the democratic lifestyle a showcase for the various other lands and nations on this planet Earth....with acknowledging the world reckoning that Albert's oilsands is becoming a very strategic oil reserve in the economic future of this planet Earth and all nations...strategic from the fact that Alberta oilsands is acclaimed as the third-largest pool of crude oil, behind Saudi Arabia and Venezuela...supplying currently 22% oil needs of USA, the most strategic nation on which the world has relied in the last century and would be relying for the 21st century for upholding the fundamentals of universal human rights, peace and the pursuit of happiness in life..... 

....Alberta was incidentally/accidently or by destiny chosen for today's PVAF sharing...because Alberta is the birth place of internet-based worldwide and timeless volunteer fuelled and propelled existence and operation to eternity of PVAF since its self-birth in 1996....

...And also because PVAF has the same democratic mandate to alleviate poverty of existence through acquiring Life-Sciences Knowledge through universal education for the entire humanity... because lack of Life-Sciences Knowledge is the primary and fundamental cause of all violence among humanity...Life-Sciences Knowledge is the equalizer for humanity quest for wealth and happiness without greed and envy and in an equitable and just manner.....

Please click on the next line to know how Albert's Oilsands have been impacted positively because of what happened post 9-11......a word-class showcase for others to emulate..... keep on scrolling for gaining wisdom
through humanity's failures and successes.... live a Lifestyle based on Life-Sciences Knowledge
rather than lifestyle living on
 human-made ideologies.....
(all photos below from Wikipedia)

Location of Alberta In Canada

City views and Panoramic view of  City of Edmonton/a>, Capital of Alberta

City sights and Panoramic view of City of Calgary in Alberta
is where all the headquarters of oil businesses in Alberta and Canada are located
Alberta Oilsands Inc.
Alberta Oil Sands Inc
Syncrude Canada Ltd.'s oil sands processing facility stands in Fort McMurray, Alberta, Canada, on Tuesday, June 29, 2010.
From: Global BC: Photo Credit: Jimmy Jeong , Bloomber
Syncrude Canada Ltd.'s oil sands largest processing facility stands in Fort McMurray, Alberta, Canada, June 29, 2010.

INFAMOUS 9-11....

.....Oilsands enter spotlight as
U.S. searches for secure energy.....

(From Edmonton; September 10, 2011: By Gary Lamphier, Edmonton, Alberta, Canada;; © Copyright (c) The Edmonton Journal)
On the morning of Sept. 11, 2001, Eric Newell was jarred from his slumber by a ringing telephone.

Newell had checked into a Chicago hotel the night before, with plans to attend his son’s wedding a few days later.

“Get up dad, and turn on the TV,” his son instructed. Newell, then CEO of Syncrude Canada, the country’s largest oil producer, wearily complied.

Like millions of others, he was stunned by what he saw — images of two jet planes slamming into the twin towers of New York’s World Trade Center. Within hours the buildings collapsed, killing nearly 3,000 people.

“We watched everything,” says Newell, who retired from Syncrude in 2003. “And then we watched Chicago turn into a ghost town. By noon all the downtown offices were closed,” he recalls.

“In the U.S., (9/11) had a huge impact. When the twin towers and the Pentagon were attacked, it showed how vulnerable everybody really is.”

The 9/11 attacks launched America’s decade-long War on Terror. But what’s less well understood is that 9/11 was part of a perfect storm that triggered profound economic impacts.

For starters, it deepened a early 2000's  U.S. recession that began six months earlier, in the wake of the tech wreck. And although the U.S. economy began to bounce back by 2002, the cost of fighting two wars, the Iraq War and Afghanistan War, helped fuel a disastrous growth of some $14+ trillion and growing by the second  U.S. government debt and the resulting 2011 USA debt crisis.

A decade later, America’s federal debt totals a staggering $14.7 trillion US, up about 150 per cent since 9/11, and Washington expects to run huge budget deficits for years to come.

The growing U.S. economic vulnerability was laid bare during the brutal 2008-2009 recession. And although there has been a fitful recovery since, America remains a deeply wounded behemoth, while China’s economy and geopolitical clout has soared.

The 9/11 attacks also indirectly influenced the evolution of the Canadian economy over the past 10 years, and the resurgence of the once-derided loonie — Canada’s petrodollar.

In tandem with a series of other events, 9/11 also helped to precipitate the biggest investment boom in Alberta’s history, as tectonic shifts in global energy markets worked to the province’s benefit.

Between March of 2002 and July of 2008, the price of light sweet crude soared some 600 per cent on the New York Mercantile Exchange, from about $21 US a barrel to more than $147.

The rally was driven by soaring Asian demand, the growing challenge of replacing oil reserves, heightened fears about the reliability of energy supplies from the Middle East, and a sagging greenback, which drove crude prices and the Canadian loonie higher.

Those factors in turn made Alberta’s oilsands a magnet for capital. The result: hundreds of billions of dollars flowed into the oilsands, as energy producers jockeyed for a stake in what is now recognized as the planet’s third-largest pool of crude oil, behind Saudi Arabia and Venezuela.

A decade after 9/11, oilsands production has roughly tripled to about 1.7 million barrels a day, and it’s on track to exceed three million barrels a day by 2020.

With oil prices currently running in the $90 a barrel range — nearly three times the recessionary lows of early 2009 — about $30 billion (Cdn) is expected to be invested in the oilsands this year, about half of it on new projects.

As a result, Canada is now the top exporter of crude oil to the U.S., and many economists expect Alberta to lead the nation in growth — along with resource-rich Saskatchewan — for years to come.

“There’s no question that 9/11 and the War on Terror . . . indirectly were catalysts for accelerated investment in the oilsands,” says Peter Tertzakian, chief energy economist at Calgary-based ARC Financial, and author of the best-selling book, The End of Energy Obesity.

“To say it was exclusively due to 9/11 is not correct because 9/11 and the decade that ensued overlapped with the rise of China and the demand surge for energy, particularly oil. So in a sense there was a demand-side and a supply-side perfect storm. But 9/11 was a major contributor,” he asserts.

Robert Johnston, who heads the global energy and natural resources group at Washington, D.C.-based Eurasia Group, a consulting firm that specializes in assessing geopolitical risks, agrees.

“If you remember, 9/11 was followed (in 2002) by the strike at PDVSA (Venezuela’s state-owned oil company), the rise of Hugo Chavez and changing perceptions about the reliability of Venezuelan heavy oil supply to the U.S.,” he says.

At the same time, supply disruptions in key oil-producing nations like Iraq and Nigeria created even tighter market conditions. And as war raged in Iraq, terrorists launched attacks against oil infrastructure targets in Saudi Arabia, OPEC’s largest producer.

Thus, in a world of rising instability and surging energy demand, the allure of Alberta’s oilsands grew dramatically. Between 2004 and 2007, new multi-billion-dollar oilsands projects were unveiled on a regular basis. And although many projects were delayed by the 2008-2009 recession, activity in the Fort McMurray region has rebounded sharply since.

“We take Saudi oil security a little bit more for granted now. But back in 2003-2004 during the (early days of the) Iraq War, with terrorist attacks against Saudi Aramco’s (the state oil company’s) infrastructure and personnel, that was a big catalyst in the oil price rally we had,” says Johnston.

“And equally so, that drove the shift of global capital in the energy sector toward unconventional resources, of which Alberta has the biggest. So absolutely, I would say (9/11) directly contributed to that.”

If Chavez had not gained power in Venezuela in the late 1990s, ushering in an era of virulent anti-Americanism, Alberta’s oilsands may not have gained so much prominence, he argues.

“Without Chavez, what probably would have happened after 9/11 is there would have been a doubling down of investment in Venezuela. So the projects that are being developed now in the Orinoco (oilsands belt) would have probably happened a lot sooner,” says Johnston.

“But looking back, it was a real perfect storm for Alberta, that the Persian Gulf suppliers and the Venezuelan suppliers (came into question). And then of course you had the Yukos crisis in Russia, which created a big chilling effect on that market too.”

Yukos, which accounted for a big chunk of Russia’s oil output a decade ago, was charged with tax evasion and declared bankrupt by a Russian court in 2006. Its former CEO, Mikhail Khodorkovsky, was imprisoned.

Critics believe the charges were politically motivated, but the Yukos episode showed how dangerous it can be for Western energy firms to invest in Russia, the world’s largest oil producer.

Royal Dutch Shell learned that lesson in 2007, when Gazprom, Russia’s state-owned natural gas giant, seized control of the Anglo-Dutch multinational’s $22 billion (U.S.) Sakhalin Island project, then the world’s largest integrated oil and gas project.

Once again, it underlined the relative attractiveness of investing in a stable jurisdiction like Alberta. It also showed how tough it is for the world’s oil giants to replace their oil reserves.

“What’s happened in the last 10 years is that you’ve had so many places where (investment) opportunities have been cut off, including Venezuela and Russia,” says John Kingston, global director of news for Platts, a New York-based energy news service.

“So you could say investment in the oilsands is partly driven by security concerns. But even in Venezuela, where companies were forced to accept some really onerous terms, a lot of them chose to stick around,” he notes.

“So I think certainly the security and stability of Canada would make it even more attractive. But oil companies are willing to swallow a lot to look for oil, wherever it might be.”

That principle extends to the major oil companies of China, South Korea, Thailand and other Asian countries. They’ve joined the stampede to Alberta’s oilsands in a big way over the past couple of years, investing $9.2 billion last year alone.

“Again, I wouldn’t say that’s directly related to 9/11, but they did start (to focus on) this idea of energy security,” says Greg Stringham, vice-president, oilsands and markets, for the Canadian Association of Petroleum Producers.

“They were primarily reliant on the Middle East for crude, and now they’re seriously investing in Canada’s oil resources.”

....This week keep visiting
for learning through
....continuing series on 9-11 ideology and concept.... 
.....its futility

 alternatives democratic lifestyle choices
open to humanity.....
.....AND DO NOT FORGET TO KEEP YOUR STUDY TIME FREE FOR... truly commemorate today's sharing click on the hyperlinks in this sharing...
......these hyperlinks will awaken you
to yourself and your relationship of violence
that you face in your daily life....

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