People familiar in oil extraction industry said that Canada can afford to extract oil if the price per barrel stays above $75, I am sure US is not far behind in that regards, oil has been hovering at $95-100 for sometime now and if the price goes higher in summer I am sure US will be able to dig more for its oil needs.
With dependency going down for mid-east oil, we will see more and more ‘uprisings’… there goes Saudi Kingdom.