Canadian oil sands to lead US imports

06/14/2010
Canadian oil sands are poised to become this year the main source of crude imports by the US, according to new research from IHS Cambridge Energy Research Associates, Inc.'s (IHS CERA) Canadian Oil Sands Dialogue.Supply from Canada's oil sand ultimately could increase to 20-36% of all US imports of oil and refined products by 2030, up from 8% in 2009, IHS CERA said in The Role of Canadian Oil Sands in US Oil Supply, the first of four reports to be released this year."The fact that oil sands by themselves...are set to become the largest single source of US crude oil imports this year emphasizes the importance they have attained as a supply source," said Daniel Yergin, IHS CERA ch...
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