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To: lexi2004 who wrote (175439)6/25/2008 2:51:39 PM
From: ACAN  Read Replies (1) | Respond to of 208838
 
Rejecting oil sands means pricier gas, U.S. warned

THE ASSOCIATED PRESS
In this Friday, Aug. 5, 2005 file photo, mining trucks carry loads of oil sands after being loaded by huge shovels at the Albian Sands oils sands project in Ft. McMurray, Alberta. Ema

Today's markets Highs and lows Mutual fund finder Jun 25, 2008 02:17 PM
THE CANADIAN PRESS

EDMONTON – Alberta is firing back at U.S. politicians who think that the province's massive oil sands projects create "dirty" energy products that should be avoided to protect the environment.

Energy Minister Mel Knight says American lawmakers will likely feel a backlash from consumers if they stop buying fuel from the oil sands and turn to more expensive energy sources, like offshore oil or alternative fuels.

Knight was reacting to news reports that presidential hopeful Barack Obama is now talking about curbing imports of "dirty" oil from various sources, including Canada's oil sands.

Canada is now the largest supplier of oil to the U.S. and Alberta is spending millions on a campaign to improve the image of the oil sands, which is a major source of greenhouse gas emissions.

Earlier this week, America's big-city mayors passed a resolution urging a ban on the use of fuel from the oil sands in municipal vehicles in the U.S.

Treasury Board President Lloyd Snelgrove says Alberta may be forced to spend $1 billion or more to kickstart projects to capture carbon emissions in order to improve the oil sands' image.