ASSESSMENTS

U.S., Canada: Drawing the Outlines of an Oil Sands Deal

Feb 19, 2009 | 22:38 GMT

DAVID BOILY/AFP/Getty Images

Summary

U.S. President Barack Obama visited Canada on Feb. 19, where he discussed energy and environmental issues with Canadian Prime Minister Stephen Harper. A potential deal regarding Canadian oil sands could affect greenhouse gas emissions protocols, and has implications for regional oil-producing state Venezuela.

The United States and Canada may be about to embark on negotiations toward a complex deal over oil-sands crude, which could have repercussions for Venezuela and for global greenhouse gas policy....

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