Article posted: 11/13/2012 1:35 PM

Canada views US oil boom as a wakeup call

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The sun sets behind an oil refinery in Bakersfield, Calif. The prospect of the United States becoming the world's leading oil producer in the next couple decades has served as wakeup call for Canada, which is currently America's leading oil supplier.

ASSOCIATED PRESS/The Bakersfield Californian, Case

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Canada's natural resources minister said Tuesday a report that says the U.S. will become the world's largest oil producer by the end of the decade should serve as a wakeup call that illustrates the pressing need for Canada to diversify its energy exports.