MYTH: We don’t need the oil sands because American imports of oil are decreasing. FACT: According to the U.S. Energy Information Administration, U.S. crude oil imports did in fact fall in 2011 as a result of higher domestic oil production and decreased consumption of refined products. However, EIA projects that oil and other liquid fuels […]
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MYTH: Oil sands crude will do little to nothing to enhance U.S. energy security because the output is already slated for export outside of North America. FACT: Oil is sent where there is demand and according to EIA projections, the United States will continue to have a significant need for oil in the foreseeable future. […]
MYTH: Increasing America’s use of Canadian crude oil will only slow down progress toward a greener energy economy. FACT: We need all forms of energy. Even with increased development of renewable resources like wind and solar, the U.S. will continue to require oil imports to meet its energy needs, which are predicted to be 21 […]
MYTH: It’s tar sands, not oil sands. FACT: The oil sands are a mixture of inorganic matter, silt, clay, water and viscous oil called bitumen. Tar, in contrast, is a modified pitch produced primarily from wood and roots. They serve completely different purposes and therefore deserve different names.
MYTH: We don’t need more oil. Why increase imports from Canada? FACT: The United States needs more supply of all types of energy, including oil, to meet our growing energy demand. According to Charles Ebinger, Director of the Energy Security Initiative at Brookings, “Increased domestic oil production, coupled with growing imports of Canadian oil sands, […]
MYTH: Producing our own American oil would benefit the economy far more than importing Canadian oil sands. FACT: Approximately half of our oil in the United States comes from domestic sources but we need to import the rest to meet our energy needs. Canada is the number one supplier of imported oil to the United […]