15 Nov 2012 Alberta has already approved far more oil sands production than the world will want according to the International Energy Agency (IEA). Canada's oil sands, where most projects need an oil price of $60 to $80 a barrel just to break even, would cease to make financial sense.” Will Alberta Become the New Appalachia? An investment Today, if the oil sands were a country they would be the eighth largest oil producer in the world and climbing, yet the Alberta government—which owns the oil and sells about three million barrels of bitumen a day to companies—earns more money from alcohol sales and gaming. The Syncrude oil sands plant is seen north of Fort McMurray, Alberta. The oil sands give Alberta the third largest reserves in the world, but extracting the oil is energy-intensive and destructive to the landscape.
4 Nov 2019 And this is where Alberta's oil sands come in. The industry faces an uncertain and perilous future as the high cost and large carbon footprint 16 Dec 2019 Total Canadian proven oil reserves are estimated at 171.0 billion barrels, of which 166.3 billion barrels are found in Alberta's oil sands and an the boreal forest of Alberta, Canada, greater volumes of tar sands–derived crude oil will be water resources and pose significant future health risks.
8 Aug 2014 That ranking may be bolstered in the future because the Alberta government is planning to expand oil production to about 3.7 million barrels per 17 Apr 2018 tar sands. The tar sands are vast oil fields and mines in the Canadian province of Alberta. The world can't afford to expand the Alberta tar sands, not if we want to preserve this planet for future generations. Even current 29 Dec 2006 That means Alberta's future prosperity is closely tied to the wise development of its oil sands resources. ▫ Investment in the future of the oil 15 Nov 2012 Alberta has already approved far more oil sands production than the world will want according to the International Energy Agency (IEA). Canada's oil sands, where most projects need an oil price of $60 to $80 a barrel just to break even, would cease to make financial sense.” Will Alberta Become the New Appalachia? An investment
1 Mar 2020 Dozens of Alberta oilsands projects won't be built in the near future, analysts say. By Dan Healing The Associated Press. Posted March 1, 2020 4 Sep 2019 Oilsands proponents, among them Alberta's governing United oil prices were high and expected to increase for the foreseeable future. 11 Apr 2019 The scale of Alberta's oil sands operations, the world's largest this one to search for underground resources and build infrastructure for future 22 Jan 2020 Approving the Frontier oil sands would rob Alberta of a promising and realistic future. Stephen Legault. Contributed to The Globe and Mail. The Future of the Canadian Oil Sands – Growth potential of a unique resource of oil in place in this northern region in the province of Alberta), the oil sands 1 Jul 2018 Deborah Yedlin and Kevin Taft differ (respectively) on whether oil sands development should continue or be phased out.
The Alberta government estimates that with current technology, 10% of its bitumen and heavy oil can be recovered, which would 31 Jan 2020 Carbon fibre championed to save Alberta's oil sands vehicles set to skyrocket, the future for Canada's oil and gas sector is looking bleaker, 3 Dec 2019 Alberta's oil sands will be responsible for the majority of crude oil production in Canada through 2040 in all four cases, mainly because of Why does Alberta have oil sands? 7. Oil Sands. 8. The Basics of Bitumen. 10. Oil Sands Pioneers. 12 www.oilsands.alberta.ca energy sources in the future. We did not exit the stone age due to a shortage of rocks, the same is true for the oil age. The future for Alberta does not include tar sands and we need to discuss