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This study by Wood Mackenzie examines the impacts of opening access to key U.S. regions which are currently closed to development, as well as assessing a return to historical levels of development on existing U.S. producing areas (including onshore U.S., the Gulf of Mexico and Alaska). The economic impacts of the Keystone XL pipeline and other potential Canada to U.S. oil pipelines are also considered.
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The Council on Foreign Relations’ (CFR) recent report The Canadian Oil Sands: Energy Security vs. Climate Change explores the tensions between energy security and climate change surrounding the Canadian oil sands and provides policy recommendations to address these two interests.
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The oil and natural gas industry remains committed to being a reliable and environmentally-responsible provider of the energy needed to power our economy.
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Two different methods are used to produce oil from the oil sands – surface mining and in-situ – or producing in place.
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Cambridge Energy Research Associates (CERA’s) new report Growth in Canadian Oil Sands: Finding a New Balance was designed as a balanced study (participants include Canadian government, oil companies and NGOs) to address various aspects associated with oil sands development and processing.
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The objective of this report is to provide an independent perspective on the life-cycle GHG emissions of oil sands compared with other crudes; on the evolving discipline of estimating life-cycle GHG emissions, particularly for oil sands; and on the growing trend of using life-cycle GHG analysis in policy.
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The United States imports 8.4 million barrels of oil and petroleum products a day to help meet its energy needs. Canada is the largest supplier to the U.S., providing more than 2.4 million barrels a day – more than 1/4 – of these imports.
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The Canadian Energy Research Institute (CERI) has completed a study of the impact of developing Alberta’s oil sands in a staged manner according to the capacity and in-service date of existing and proposed pipelines.
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Advanced technologies developed over many years are used to produce oil from oil sands.
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Most Americans strongly value Canada’s role as a secure, stable and friendly supplier of oil for U.S. families and businesses, according to a poll by Harris Interactive for API and the Canadian Association of Petroleum Producers (CAPP).
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