2 years, 9 months ago
How much Canadian Oil does the US import?
Will Canada be an important player in Oil as the dollar declines?
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M$1 Answer
The US imports 2.5 million barrels of oil per day from Canada as of 2008. Canada looks to become an important player in the US market as the exports of oil from Canada to the US are increasing faster than Canada's own domestic consumption. Oil exports from Canada to the US have risen steadily from 1.6 million barrels of oil per day in 2000.
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M$
How much profit is Canada achieving through its US oil exports?