Tag Archives: shale oil

Increase in US Oil Production Threatens Canada’s Oil Sands

Canadian energy producers exported over $120 billion worth of energy products in 2011, which constituted over 25 percent of the $462 billion worth of goods/services exported from Canada that year. The sizeable contribution made by the oil and gas sector to Canada’s export revenue helped shore up the value of the Canadian dollar, which enhanced Canadians’ purchasing power internationally and […]

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