Alberta Oil Industry EC239 section C Instructor: Sharif Khan GROUP MEMBERS Jiayu Weng 133004040 Liang Zhang 114161410 Jingsong Sun 114161870 Brent Bogdon 130177700 Thurairajah Thilakxshan 130937440 I. INTRODUCTION The Oil Sands of Alberta have been a scene of controversy since the commercial production of oil began there in 1967. The Oil Sands are underground deposits made up of a mixture of sand, water, clay, and bitumen (1). The oil extracted from these reserves in Alberta is an integral source
The Canadian “Alberta Oil Sands” are the third largest oil reserves in the world and has an investment value of over $27 billion. Over 100,000 employment opportunities are generated as a result of the oil sands and it leads to a production rate of approximately 2.3 million barrels per day. One of the largest controversies in Canadian politics is whether to oust the oil sands production or expand it. However between the two articles, “Why Canada needs to develop the oil sands” by Konrad Yakabuski
Works Cited Environment, Alberta. Alberta’s Oil Sands. Opportunity. Balance. Edmonton, AB: Dept. of Environment, 2008. Print. This publication from the Government of Alberta’s Department of Energy tries to focus on an all-around view of the oil sands. It talks about what they are, how they work, and environmental problems and solutions. The publication is not nearly as current as some other sources, it was published late 2008. It is free from bias but tries to stay overly optimistic, something
The Alberta Oil Sands have affected many stakeholder groups such as government, residents, researchers and employees. However, we will focus on how it affects the Alberta Government; specifically, Ed Stlemech of the Conservative Government. As my stake holder, Ed Stlemech does not live within the Alberta Oil Sands area as well as have any direct relevance to it, I will instead examine how it has affects the citizens of Alberta and more importantly, those who live in and near the Fort Chipewyan area
Have you ever thought about if the Alberta Oil Sands are an economic and environmentally sufficient enough that we should still utilize the resource of oil? The Alberta Oil Sands also known as the tar sands were first mined in 1967 and ever since they have done a great deal to Alberta’s economic stability. The issue is that all good things have a bad side as well. Some main disadvantages to the oil sands is that natural habitats get destroyed, creates greenhouse gas emissions which are harmful to
The world’s energy consumption continues to increase and oil satisfies about a third of this requirement. Alberta oil sands is the 3rd largest known reserve behind Venezuela and Saudi Arabia, first and second respectively. With growing global demands and that of our neighbour, America, who imports 37% of their consumption from Canadian oil, the oil sands is the logical next-step in economic development. Developing the Alberta oil deposits has its inherent risks including both environmental and the
- but takes a more direct route. The XL pipeline would allow for an increased supply of oil from Canada. The Keystone XL pipeline is a proposed 1,179-mile (1,897km) pipe that would run from the oil sands in Alberta, Canada, to Steele City, Nebraska, where it could join an existing pipe. It could carry 830,000 barrels of oil each day. The United States and Canada are crisscrossed by thousands of miles of oil and gas pipelines, but none
Introduction: The oil sands development in northern Alberta has become a hot bed for debate between producers and environmental groups. With worldwide water crisis rapidly developing the use of water in the development Alberta’s oil sands begs the question, are the oil sands in northern Alberta being developed with social responsibility in mind? Social responsibility is a balance companies must maintain between people, the planet and profit. Propaganda produced by environmental agencies and oil companies
Human dependence on the tar sands will be monumental in the future with the end of conventional oil. The tar sands project in Alberta is currently one of the greatest industrial projects throughout human history. At this time, the oil sands in Alberta are the second largest producers of oil in the world. The oil sands in Alberta carry more than 170 billion barrels of oil, which is enough to sustain Canada 's oil demand for more than 15 decades. However, oil sands development over the years has shown
The Alberta Oil Sands Situated in Canada, Alberta's three oil sand areas are known as the Athabasca oil sands, the Cold Lake oil sands, and the Peace River oil sands. The sands are worth approximately $1 trillion and they are the largest export in the industry. Currently, the oil provides jobs for about 514,000 people across Canada, and in 2028 this is expected to grow to over 800,000 jobs1. In Canada, almost every community has been touched by the oil sands development through the impact it has