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Why Canada would rather export oil than refine it

from Real Clear Energy

Despite boasting one of the highest proven oil reserves in the world — second only to Saudi Arabia at 175 billion barrels — a high percentage of Canadian crude is shipped across the border for refining in the United States. This has led to charges that Canada is selling out its vast oil resources to the U.S. and failing to uphold the national interest in ensuring that refineries are built in Canada, with the benefits accruing to Canadians. more


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