The Americas: Energy Source of Tomorrow

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Simon Romero, New Fields May Propel Americas To Top of Oil Companies’ Lists; The energy sector may be taking a westward turn. New York Times, Sept 20, 2011.
http://www.nytimes.com/2011/09/20/world/americas/recent-discoveries-put-americas-back-in-oil-companies-sights.html?_r=1&scp=2&sq=oil%20sands&st=cse

Quote:

“'This is an historic shift that’s occurring, recalling the time before World War II when the U.S. and its neighbors in the hemisphere were the world’s main source of oil,' said Daniel Yergin, an American oil historian.

"Canada, for instance, is already the top petroleum exporter to the United States, followed by Mexico. * * * As the United States has cut OPEC imports by more than a million barrels a day since 2007, Brazil and Colombia have emerged as leading suppliers to the American market, surpassing Kuwait.

Note:
(a) In July this year, Brazil started constructing on its soil the first of the four conventional-propulsion Scorpène-class submarines, under contract with France's DCNS, which will also assist Brazil in building a nuclear submarine
(b) The report stated "there is an effort under way to build a pipeline to the Gulf Coast, stirring an environmental debate."

The project is Keystone Pipeline, in hope of transport "synthetic crude oil" (processed from oil sand or shale) from Alberta, Canada to refineries in Illinois, Oklahoma and further to the US Gulf Coast.
(c) Pre-salt oil is below salt beds, which in turn is in the sea floor. Go to images.google.com and enter the search term (pre-salt) and you will understand.
(d) The report mentions US and Brazil as "the hemisphere’s two largest economies."

List of countries by GDP (nominal)
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
(US $14.6b > Brazil $2.1b > Canada $1.9b > Mexico $1.0b)


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