Friday, December 24, 2004

China Emerging as U.S. Rival for Canada's Oil

"Canada, the largest source of imported oil for the United States,: has historically sent almost all its exports of oil south by pipeline to help quench America's thirst for energy. But that arrangement may be about to change as China, which has surpassed Japan as the second-largest market for oil, flexes its muscle in attempts to secure oil, even in places like the cold boreal forests of northern Alberta, where the oil has to be sucked out of the sticky, sandy soil."

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