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Posted November 23, 2012

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Poll Shows Strong U.S. Support for Canadian Oil Supplier Relationship

CALGARY - Most Americans see Canada as a secure, reliable and environmentally responsible oil supplier that creates jobs and other economic benefits in the United States as part of the world's largest energy trading relationship.

Some highlights of a recent poll of 2,406 Americans, conducted by Anderson Insight for the Canadian Association of Petroleum Producers (CAPP) include:

• 74 per cent see Canada as the best choice among oil suppliers in terms
of the "economic interests of America," compared to 14 per cent who pick
Mexico, nine per cent Saudi Arabia and three per cent Venezuela.

• More than 80 per cent hope their "elected representatives support more
use of Canadian oil instead of oil imported from other countries" to
meet U.S. demand.

• 82 per cent believe pipelines are a safe way to move oil to market.
Seventy-two per cent believe "the U.S. should approve the Keystone XL
pipeline project as soon as possible," including a strong majority of
Democratic Party supporters.

• 89 per cent believe "Canada is one of the more environmentally
responsible oil producers in the world."


"The poll shows that Americans strongly prefer Canadian oil to oil supplied by other countries," said CAPP president Dave Collyer. "On its merits - secure, reliable supply, creating jobs and economic benefits in both countries, with environmentally responsible policy and performance in place - Canadian oil is the right oil for the United States, at the right time, and from the right country."

While the International Energy Agency forecasts U.S. crude oil production could exceed Saudi Arabia production by about 2020, the U.S. continues to need crude oil imports to attain energy self-sufficiency. U.S. oil production is forecast to increase from 8.1 million barrels per day in 2011 to 9.2 million barrels per day in 2035. U.S. consumption is expected to decline from 17.6 million barrels per day in 2011 to 12.6 million barrels per day in 2035. This leaves a supply gap of about 3.4 million barrels per day that can be filled by crude oil imports from Canada.

At present, Canada supplies more oil to the U.S. than any other country. Current Canadian exports are about 2.5 million barrels per day or about 25 per cent of total U.S. oil imports, including just over one million barrels per day from the oil sands. Oil sands crude oil is similar to other heavy crude oil currently transported and refined in the U.S., from the standpoint of both chemical composition and life-cycle greenhouse gas emissions. It has been transported safely via pipelines in North America for over 30 years.

The Anderson Insight poll is available at http://www.capp.ca/oilsands/Pages/default.aspx. The fieldwork was conducted by Harris/Decima, part of Harris Interactive, one of the world's largest research firms. Data collection was conducted online using Harris Interactive's proprietary panel of Americans between October 11 and October 16, 2012.

Submit press release to pressrelease@exchangemagazine.com - Editor Jon Rohr - Content published on this site represents the opinion of the individual/organization and/or source provider of the Content. ExchangeMagazine.com is non-partisan, online journal. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2012/*.*. Additional editorials, comments and releases are copyright of respective source(s) and/or institutions or organizations.

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