Canada steadily feeds U.S. appetite for oil
In the third quarter of 2011, Canada exported an average of 2.19 million barrels of crude oil per day to the United States. That was the highest total exported to the U.S. in any quarter since 2009 and it illustrates how addicted the world’s biggest oil consumer is to Canadian crude.
Many Americans still don’t realize that Canada – not Saudi Arabia – is its largest supplier of black gold (it overtook the Saudis in 2004). National Energy Board figures show that since 1996 Canadian exports to the U.S. have steadily increased – in no small part due to increased production from Alberta’s oil sands.
Source: National Energy BoardRelated