Oil Sands, Refined Products, and Exports: Just the Facts

U.S. Crude Oil Stays in the United States. According to the U.S. Energy Information Administration (EIA), in 2011, 99.7 percent of the crude oil produced in (or imported into) the United States was also consumed here, which means less than one-half of one percent (0.3 percent) was exported. Simply put, the United States does not export crude […]

Myth vs. Fact: All Oil Exporters are the Same

MYTH: It doesn’t matter where the U.S. gets its oil from because all oil exporters are the same. FACT:  Former Obama national security advisor and retired general Jim Jones has emphasized the stability of the Canadian-American relationship saying, “Every day it becomes more evident for our nation to achieve true energy security; we must engage […]

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: Stopping Keystone XL

MYTH: Stopping the construction of the Keystone XL will help end the development of the oil sands. FACT: Development of the Canadian oil sands is projected to increase regardless of the delay in the Keystone XL project due to other pipeline options and other transportation options (e.g. rail). The Canadian Association of Petroleum Producers (CAPP) […]