| HappySqurriel said: "Alberta's estimated oil reserves was raised from total conventional oil reserves of around 5 gigabarrels (billion barrels) to the much larger figure of around 180 gigabarrels by the inclusion of the Athabasca Oil Sands deposit by the Alberta Energy and Utilities Board (AEUB),[1] placing Canada second only to Saudi Arabia.[2] Other estimates (BP Statistical Review of World Energy) place Canada's petroleum reserves in the 17 gigabarrel range, by only counting oil sands under development. Although Alberta contains about 75% of Canadian conventional oil reserves, most of the other provinces and territories, especially Saskatchewan and offshore Newfoundland, hold significant production and reserves.[3] |
The problem with the Oil sands is that extraction methods to get the oil out of the ground and away from the sand are by far the most environmentally damaging process involved in oil extraction. To me the big concern isn't when will we run out, but what are we willing to do to the world to keep Oil coming. We've already bunged up our atmosphere enough with what we've used so far. We've got to turn it around, regardless of how cheap an energy source Oil is (and Coal too!)
I'm a mod, come to me if there's mod'n to do.
Chrizum is the best thing to happen to the internet, Period.
Serves me right for challenging his sales predictions!
Bet with dsisister44: Red Steel 2 will sell 1 million within it's first 365 days of sales.
