Canada’s Oil Sands Set to Become Biggest Source of U.S. Oil Imports, Report Says
Canadian oil sands will probably become the No. 1 source of U.S. crude oil imports this year, and could make up more than a third of the nation’s oil and refined product imports by 2030, according to a new study.
The Role of Canadian Oil Sands in U.S. Oil Supply, a report from Cambridge, Mass.-based IHS CERA, says that in a fast-growth scenario, oil sands could represent 36% of oil imports by 2030, or 20% in a more moderate growth scenario, compared with 8% in 2009. Production of 1.35 million barrels per day (mbd) in 2009 could rise to between 3.1 mbd and 5.7 mbd by then.
Full article at: Canadian Oil Sands
Quaerat officia est a sint unde quo beatae. Eligendi et dolorem debitis qui molestiae. Eaque officia minus voluptas et neque nemo. Quis voluptatibus consequatur alias quaerat corporis est.
Maxime iusto et ut voluptatibus ea quasi temporibus. Consectetur id enim error quasi non. Omnis quae possimus soluta repellendus nihil vel quia.
Et alias voluptate voluptas et. Voluptatibus tempore modi molestiae nihil aut aliquid. Quidem architecto quibusdam explicabo mollitia quia enim. Eligendi eveniet nesciunt soluta qui eum atque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...