US oil advances

Technological advances in the United States are allowing oil to be pumped from new wells in previously unused locations, and this could have dramatic impacts on the Alberta oil sands, The Globe and Mail reported. Data released from a US energy analysis firm suggests that US oil production will rise by nearly 74 per cent in the next decade.

Published: Wednesday, 09/12/2012 12:00 am EDT

Technological advances in the United States are allowing oil to be pumped from new wells in previously unused locations, and this could have dramatic impacts on the Alberta oil sands, The Globe and Mail reported. Data released from a US energy analysis firm suggests that US oil production will rise by nearly 74 per cent in the next decade.

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