Oil And Gas Industry Pushing U.S. Exports
Kurt Cobb | Oct 15, 2012 01:50AM ET
With gasoline scaling $4 a gallon recently, And yet, Canada imported 43 percent of its oil needs. That's because it's more profitable for the industry to ship Canada's oil--mostly produced in the western part of the country--south to the United States to be refined. Canada's provinces from Ontario eastward import 65 percent of their petroleum needs from overseas, meaning that a country that could easily be energy independent is subject to supply shocks from abroad.
The idea that we can ever truly achieve energy security based on commodities traded in worldwide markets is nothing but a clever deception--one designed to keep us from doing what we really need to do, namely, reduce our reliance on fossil fuels and vastly expand alternative energy production such as solar, wind and hydroelectric that cannot easily be exported across oceans.
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