Climate of Our Future

Climate Crisis Coalition

By Chris Jent, Urownbusiness.com, December 30, 2007. “United States oil imports from Canada are now greater than imports from the entire Persian Gulf. In 2001, 23.3% of US oil came from the Persian Gulf, 15.4% came from Canada, 12.1% was imported from Mexico, 14.0% from Saudi Arabia, and 13.1% from Venezuela. In 2006, US oil imports from the Persian Gulf was at 16.2% and the imports from Canada were at 16.9%, 12.4% from Mexico, 10.7% from Saudi Arabia, and 10.3% from Venezuela. The source of US imports for both petroleum and related products has shifted during the years 2001 and 2006… Oil imports from Canada now exceed imports from the entire Persian Gulf, and oil imports from Mexico now exceed imports from Saudi Arabia. Canadian oil companies recently announced $38 billion of new construction in Alberta’s oil patch. And new projects in Canada which have been announced over the past year total something close to $200 billion worth. It is predicted that within a decade, Canada will have a higher daily oil production than any other country in the world, including Saudi Arabia… Since the signing of the NAFTA in 1994, the two-way trade between Canada and the United States has more than doubled in value. With $1.2 billion in trade now crossing the Canada-US border every single day, they are each other’s largest trading partner.”Keep reading