Athabasca oil sands

Uncommon card · No. 128194

The Athabasca oil sands, also known as the Athabasca tar sands, are large deposits of oil sands rich in bitumen, a heavy and viscous form of petroleum, in northeastern Alberta, Canada. These reserves are one of the largest sources of unconventional oil in the world, making Canada a significant player in the global energy market. As of 2023, Canada's oil sands industry, along with Western Canada and offshore petroleum facilities near Newfoundland and Labrador, continued to increase production and were projected to increase by an estimated 10% in 2024 representing a potential record high at the end of the year of approximately 5.3 million barrels per day (bpd). The surge in production is attributed mainly to growth in Alberta's oilsands. The expansion of the Trans Mountain pipeline—the only oil pipeline to the West Coast—will further facilitate this increase, with its capacity set to increase significantly, to 890,000 barrels per day from 300,000 bpd currently. Despite this growth, there...

Read on Wikipedia · Image NormanEinstein, Public domain