New Legislation Aims to Complement & Strengthen the Bill the Senators Introduced Earlier in the Week to Lift the Ban Read More
America’s veterans know that today’s supply of oil often comes from countries that don’t necessarily share our interests and goals, and that we should take advantage of new opportunities to develop energy sources here in North America.
That’s why a growing number of U.S. veterans are coming together to support increased access to Canadian Oil Sands.
Oil from Canada is in such abundance it can provide the United States with nearly 170 billion barrels of oil and remain our nation's biggest supplier of imported oil.
Unbeknownst to many Americans, Canada is America's leading supplier of imported oil, and Canada's oil sands provide a major portion of this oil. It is estimated the country has nearly 170 billion barrels of oil in the sands and over time, Canada could increase production from its current 1.4 million barrels per day to approximately 3.5 million barrels per day in 2025.
Oil from the oil sands would be delivered to the U.S. via the Keystone XL Pipeline, a project seeking approval from the U.S. State Department. If approved, it is estimated that the Keystone XL would deliver upwards of 830,000 barrels of oil per day (b/d) from Canada's oil sands region to U.S. refiners, creating tens of thousands of U.S. jobs, and reducing our dependence on non-North American energy.