Canada's large reserves of tar sands (or oil sands) are poised to become the number one source of U.S. crude oil imports in 2010, according to a new report from research firm IHS Cambridge Energy Research Associates.
Oil sands imports could ultimately increase to account for 20 percent to 36 percent of U.S. oil and refined product imports by 2030 from the 2009 level of 8 percent, according to the report, "The Role of Canadian Oil Sands in U.S. Oil Supply."
I'm so glad the Houston...
Published on May 20, 2010 08:47