Wednesday , 16 August 2017


Canada's Oil Sands to Have $520 Billion Impact on U.S. Economy: Here Are the Facts, State by State

Canada is the largest supplier of oil to the U.S. When the U.S. imports oil from Canada, the spin-off economic benefits are substantial. The interactive map of the U.S. below will let you calculate the economic impact generated in each U.S. state from new oil sands projects in Alberta, Canada. Words: 592

So says a report* from www.alberta.ca which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), presents below. This paragraph must be included in any article re-posting to avoid copyright infringement.

The report goes on to say:

What do Canada’s oil sands have to do with the United States?

  • Canada is the largest supplier of oil to the U.S.
  • For every two jobs created in Canada from the oil sands, a third job is created in the U.S.
  • Oil sands development is projected to generate $521 billion in economic activity in the U.S. over the next 25 years.

Go here:

  • then select a year on the “select year” tab,
  • then click any state (up to 10 states) on the map, or abbreviation on the list and
  • then you will find out the GDP contribution of Alberta oil to that state for that year
  • then click “calculate” to find out the total for all states selected.

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*http://oilsands.alberta.ca/USEconomicImpactOilCalculator.html

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