Asian Companies want technology - not Canadian Exports

I'm almost done with the tar sands, but there is one other argument I've heard a lot about: Asian national oil companies are buying up shares in Canadian oil companies to secure access to their oil.

However, I understand that the investments from Asian oil companies in Canada is not really for supply, contrary to many assumptions. Instead, Asian (particularly Chinese, but also Malaysian and Indian) companies are looking for access to technology. If they can master the technology for fracking, horizontal drilling, and in-situ drilling, they will open up many new areas of domestic production. That's really what they're after - not Canadian oil.