Canadian Oil Sands

Canadian oil is a reliable and plentiful strategic resource for meeting our nation’s growing energy demand and making the United States more energy secure.

Our nation needs more supplies of all energy sources, including oil and natural gas, to meet its growing energy demand and provide consumers with reliable supplies of fuel. According to federal government forecasts, oil and natural gas will continue to provide more than half of the energy needs for American consumers even as alternative energy sources like ethanol and other renewable expand. The International Energy Agency projects global demand for oil to increase 24.% above 2007 levels by 2030.

Ver nota Energy Tomorrow (API, American Petroleum Institute)

Venezuela’s Hope of More Sway Dims as Riches Dip

CARACAS — President Hugo Chávez’s push to extend his sway in Latin America is waning amid low oil prices and disorder in Venezuela’s own energy industry.

In recent years, Mr. Chávez has used his nation’s oil wealth to drive his socialist-inspired agenda at home and draw other countries in the region into his sphere of influence, helping to consolidate a leftward political shift in parts of Latin America.

But more than a dozen big projects intended to broaden his nation’s reach are in limbo — including a gas pipeline across the continent and at least eight refineries, from Jamaica to Uruguay — as Venezuela grapples with falling revenues and other troubles in its national oil company.

Versión completa New York Times