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Tuesday, October 23, 2012

Canada's Dreams of Energy Independence Limited by Lack of Pipelines

Canada's Dreams of Energy Independence Limited by Lack of Pipelines

You are not alone if you think it's odd that Canada--the world's ninth largest exporter of crude oil and petroleum products and the main supplier of oil imports to the United States--is itself a longtime oil importer, importing more than 40 percent of its oil needs this year.The situation results from historical pipeline development which has left Canada without a major east-west pipeline to bring the huge surplus of oil produced in the western provinces--now primarily from tar sands--to the eastern part of the country. The country's provinces…Read more...http://oilprice.com/Energy/Energy-General/Canadas-Dreams-of-Energy-Independence-Limited-by-Lack-of-Pipelines.html

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