U.S. Economic Impact Oil Calculator
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.
North America’s largest oil reserves are in Canada’s oil sands. The interactive map of the U.S. below will let you calculate the economic impact generated in each state from new oil sands projects in Alberta, Canada.
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.
What American jobs are created by oil sands development?
- Refineries across the U.S. are hiring workers to build new units that can process oil sands output.
- New pipelines are needed, creating thousands of jobs, to transport all that energy.
- Most of the giant trucks used to produce the oil sands are manufactured in Illinois.
- Much of the software to run the complex production systems comes from California's Silicon Valley.
- The oil sands industry is demanding leading-edge water treatment systems, environmental technology, hydrocarbon processing equipment, and countless other goods and services, much of it imported from across the U.S.