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Tuesday, September 20, 2011

Recent Discoveries Put Americas Back in Oil Companies’ Sights - NYTimes.com

Recent Discoveries Put Americas Back in Oil Companies’ Sights - NYTimes.com: Up and down the Americas, it is a similar story: a Chinese-built rig is preparing to drill in Cuban waters; a Canadian official has suggested that unemployed Americans could move north to help fill tens of thousands of new jobs in Canada’s expanding oil sands; and one of the hemisphere’s hottest new oil pursuits is actually in the United States, at a shale formation in North Dakota’s prairie that is producing 400,000 barrels of oil a day and is part of a broader shift that could ease American dependence on Middle Eastern oil.

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