Sunday , 24 November 2024

Canadian Oil Sands: World’s Single Largest Petroleum Resource and… (+2K Views)

The Canadian oil sands are the world’s single largest petroleum resource at 1.7 trillion barrels. With conventional oil supply decreasing, heavy oil projects such as the oil sands become more attractive economically to meet the needs of growing demand. While environmental concerns about the oil sands remain, the options for plentiful, cost efficient, and clean oil sources are limited.

So says the introduction to the infographic below by www.visualcapitalist.com and presented by the editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in any re-posting to avoid copyright infringement.

The Canadian Oil Boom: Introduction to the Alberta oil sands

*http://www.visualcapitalist.com/portfolio/the-canadian-oil-boom-oil-sands-intro (To access the article please copy the URL and paste it into your browser.)

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Related Articles:

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3. A Look at the Canadian Oil Sands: the U.S.’s #1 Source of Supply

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5. Canada’s Oil Sands: “The World’s Dirtiest Commodity”?

When you think of Canada, which qualities come to mind: the world’s peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair, well-governed? Think again. This country’s government is now behaving with all the sophistication of a chimpanzee’s tea party. Words: 1377

6. How ‘Crude’ are Canada’s Oil Sands?

The carbon footprint left by Canada’s oil sands has been a target of criticism for years with many environmentalists suggesting that the extraction and processing of bitumen from Alberta’s northern oil sands is “two to three times worse” for the environment than any other supply of oil on the planet. Is that legitimate criticism? Words: 692