Pres Article: Energy Policy in Canada Flashcards
What was the shale revolution? What was its main impact on US energy policy?
Shale revolution: Increase in oil/gas production using hydraulic fracturing and horizontal drilling.
Reduced dependency on Canadian imports.
What treaty solidified the integration of US and Canadian energy markets in the 80s?
Canada-US Free Trade Agreement
What legislation lifted the US ban on crude oil exports in 2015?
A congressional motion supported by Obama.
Why was Canada less focused on energy independence compared to the US?
Had large domestic resources and low population
What notable thing did the CUSFTA do?
Guaranteed US access to Canadian oil during supply constraints.
What was Keystone I? What obstacles did it face?
Canadian energy project. Faced regulatory issues and public opposition. Got cancelled.
Why was the Keystone XL pipeline important?
Supplied Gulf Coast refineries
What disaster made people opposed to the Keystone XL pipeline?
Deepwater Horizon explosion.
Kalamazoo River spill.
What did Canada’s National Energy Program (NEP) aim to achieve?
Redistribution of oil revenues and energy independence.
How did Obama and Trump differ in their views on the Keystone XL?
Obama: Concerned for climate change and the environment
Trump: Approved construction with executive order