Report: Canadian oil sands would provide boost for U.S. chemical firms

08/15/2013 | ICIS News (U.K.)

The U.S. manufacturing industry, including the chemical sector, should maximize the economic advantage provided by the shale oil and natural gas boom in North America, according to this analysis. This means exploiting the potential energy boost from the proposed Keystone XL pipeline, which should benefit U.S. manufacturers, according to a report from the Canadian Energy Research Institute. The report adds that independence from imports of foreign oil "is not achievable either in the continental United States context or the North American context."

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