EIA reports Canada is key energy trade partner to US
Tuesday, June 4, 2019
Based on the combined value of energy exports and imports, Canada is the largest energy trading partner with the United States, according to the U.S. Energy Information Administration.
Canada is the second-largest importer of energy from the United States, in terms of trade value, behind only Mexico. Energy exports accounted for about 8% of the value of all U.S. exports to Canada in 2018 — the highest value since 2014.
Additionally, energy imports accounted for 26% of the value of all U.S. imports from Canada in 2018.
Learn more: U.S. Energy Information Administration > Canada is a key energy trade partner to the United States
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.