We get all our oil from the Middle East and other dangerous countries, right?

WRONG!

Canadian Embassy

Canada’s reserves represent a safe, secure, long-term, and nearby source of liquid fuels for the North American market.

  • Canada was the largest foreign supplier of oil to the USA again in 2004, for the sixth year running (1999 when the country displaced Venezuela to 2004 inclusive).
  • In 2002, Canada supplied the U.S. with 17 percent of its crude and refined oil imports — more than any other foreign supplier at over 1.9 million barrels per day.
  • Western Canadian crude oil is imported principally by the U.S. Midwest and the Rocky Mountain states.
  • Eastern Canada’s offshore oil is imported principally by the U.S. East Coast States, and even by some Gulf Coast States.

More on oil on my site Financial Options including The Secret Way to Play Oil.

This entry was posted in Default.

Leave a Reply

%d bloggers like this: