Canada - Current developments in the Canadian petroleum industry ()

A major change in the Canadian petroleum position is occurring. Although oil production began in Canada in 1862, only three years after it began in the United States, Canada's petroleum requirements have always been supplied very largely by imports. Recent...  Подробнее + A major change in the Canadian petroleum position is occurring. Although oil production began in Canada in 1862, only three years after it began in the United States, Canada's petroleum requirements have always been supplied very largely by imports. Recent discoveries in Alberta, notably the Leduc and Redwater fields, give promise of yielding major new oil fields which should enable Western Canada to become self sufficient within a few years and possibly make Canada a net exporter of petroleum within a decade. If this s goal is to be realized, Canada' s future consumption of 100 million barrels of petroleum or more per year would be supplied entirely from domestic sources (although cost considerations may dictate imports into Eastern Canada and exports from Western Canada). Such self-sufficiency may result in a net foreign exchange saving of as much as several hundred million dollars per year within a decade.  Менее подробно –