CANADA IS OUR MAJOR SUPPLIER OF OIL
And not Saudi Arabia.
So why do we need a Keystone XL Pipeline? It is not for us but for the Canadian company. Who is Keystone XL and who really benefits from the pipeline?
Weak kneed Obama buckles again. He cannot stand his ground.
Friday, June 17, 2011: Issue #1357
Ask 10 people the name of Americas top oil supplier.
Chances are half of them will get the answer wrong.
A surprising number still believe our top source of foreign oil is Saudi Arabia. Theyre now number three, supplying the United States with a little more than one million barrels per day (bpd).
Mexico is second, at 1.14 million bpd. As you can see from the Energy Information Administrations (EIA) chart below, the leading crude oil supplier to the United States is
Canada.
Investing in Canada Americas Northern Neighbor
It sends us just under two million bpd. And theres money to be made in the Great White North.
Invest in Canada: America's Top Oil Supplier
And not Saudi Arabia.
So why do we need a Keystone XL Pipeline? It is not for us but for the Canadian company. Who is Keystone XL and who really benefits from the pipeline?
Weak kneed Obama buckles again. He cannot stand his ground.
Friday, June 17, 2011: Issue #1357
Ask 10 people the name of Americas top oil supplier.
Chances are half of them will get the answer wrong.
A surprising number still believe our top source of foreign oil is Saudi Arabia. Theyre now number three, supplying the United States with a little more than one million barrels per day (bpd).
Mexico is second, at 1.14 million bpd. As you can see from the Energy Information Administrations (EIA) chart below, the leading crude oil supplier to the United States is
Canada.
Investing in Canada Americas Northern Neighbor
It sends us just under two million bpd. And theres money to be made in the Great White North.
Invest in Canada: America's Top Oil Supplier