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General News    H3'ed 5/27/10

Canada's Oil Sands Set to Become Biggest Source of U.S. Oil Imports, Report Says

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Oil sands also contribute to U.S. energy security, the report says, because Canadian oil is "less foreign" than imports from other countries. "By most measures Canada's oil is less foreign than other potential sources of supply," the report says. "Oil supply from Canada is stable, proximate, connected by pipelines, and part of a limited set of oil development opportunities in which private oil companies--including US firms--can openly and securely invest."

Source: http://oilprice.com/Energy/Crude-Oil/Canadas-Oil-Sands-Set-to-Become-Biggest-Source-of-U.S.-Oil-Imports-Report-Says.html

By. Darrell Delamaide

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Canada's Oil Sands Set to Become Biggest Source of U.S. Oil Imports, Report Says

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