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CERA: Canadian Oil Sands Poised to Become the Top Source of Crude Imports to the US in 2010; Could Contribute Up To 36% of US Oil and Refined Products Imports by 2030

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Growth of production of Canadian oil sands. The Canadian oil sands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian Oil Sands Dialogue. The Role of Canadian Oil Sands in US Oil Supply”.

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

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The Government of Canada has established a Heavy Oil Working Group. Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development. Minister Paradis. Minister Paradis.

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NRC report concludes hydraulic fracturing poses low risk for causing earthquakes, but risks are higher for wastewater injection wells; CCS impact undetermined

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Hydraulic fracturing (“fracking”) extracts natural gas by injecting a mixture of water, sand, and chemicals in short bursts at high pressure into deep underground wells. CCS, due to the large net volumes of injected fluids, may have potential for inducing larger seismic events. —“Induced Seismicity Potential in Energy Technologies”.

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