Myth vs. Fact: Few American Multinationals will Benefit from Canadian Oil Sand

MYTH: Only a few large American multinationals will benefit from Canadian oil sands production. FACT: At least 2,400 American companies from 49 states are already involved in the development of Canada’s oil sands.[1]  A variety of American companies manufacture equipment and products that are then used in Canada for oil production – everything from engines […]

Myth vs. Fact: Oil Sands Operations only Employ Canadians

MYTH: Oil sands operations only employ Canadians. FACT: A variety of manufactured goods and raw materials required for Canadian oil sands development are currently provided by American companies and American workers. Additionally, for every U.S. dollar spent on Canadian exports – including oil – up to 89 cents is spent on imports of U.S. goods and […]

Myth vs. Fact: Gulf Coast Export from US will Raise Prices

MYTH: Gulf Coast refineries will export refined products from the United States, thereby raising prices for consumers. FACT: Exported refined products consist primarily of heavier products that are not in demand in the U.S., such as diesel, residual fuel oil and petroleum coke. The vast majority of on-road motor fuel refined in the U.S. is […]

Myth vs. Fact: Athabasca River Freshwater Supply will be Depleted and Polluted

MYTH: The Athabasca River freshwater supply will be depleted and polluted. FACT: The quality and quantity of freshwater in the Athabasca River is protected by regulations to ensure that it is not adversely impacted by oil sands development. Strict monitoring and regulation of water use is in place to ensure that fresh water resources are […]

Myth vs. Fact: Tailing Ponds are a Threat to Local Wildlife

MYTH: Tailing ponds created during the oil sands mining process are a threat to local wildlife and have yet to be fully reclaimed despite promises made by the oil companies. FACT: Alberta law requires full reclamation of every mining site. All companies developing the oil sands must establish a reclamation plan that spans the life […]

Myth vs. Fact: Oil Sands Development Ruins Canada’s Boreal Forests

MYTH: Oil sands development is ruining Canada’s precious boreal forests and is destroying habitats for native animal populations like the caribou. FACT: Canada’s oil sands development has affected less than 0.2 percent of Alberta’s boreal forest[1]. The Alberta Biodiversity Monitoring Institute (ABMI), a non-profit organization created to monitor the impacts of oil sands development on […]