Canadian oil sands are now the largest single supplier of crude to the US

[charlie]

I'd heard for many years if oil exceeded $40-60 bbl the Alberta oil sands could become a viable alternative to drilled oil. Looks like it's happened.

If the oilsands were a country, they would be the largest source of crude oil to the United States, according to a new report by a leading American energy think-tank.

Canada has long been a top oil supplier to its southern neighbour, but 2010 will mark the first time oilsands production will account for the lion's share of U.S. imports of petroleum and refined products, according to the report prepared by Massachusettsbased Cambridge Energy Research Associates. Oilsands could eventually account for 20 to 36 per cent of U.S. supply by 2030, the report notes.

"The fact that oilsands by themselves -- were they a country -- are set to become the largest single source of U.S. crude oil imports this year, emphasizes the importance they have attained as a supply source for the United States," Daniel Yergin, IHS CERA chairman and Pulitzer Prize-winning author of The Prize, said in a news release. "It also shows how integrated Canada and the United States are in terms of energy, as in their overall economies."...

http://www.calgaryherald.com/business/Alberta+oilsands+become+largest+supplier+crude+2010+Report/3044423/story.html