<
 
 
 
 
×
>
hide You are viewing an archived web page collected at the request of University of Alberta using Archive-It. This page was captured on 18:02:19 Dec 08, 2010, and is part of the HCF Alberta Online Encyclopedia collection. The information on this web page may be out of date. See All versions of this archived page. Loading media information
 
   
 
 

AlbertaSource.ca
 
 

a b c d e f g h i j k l m n o p q r s t u v w x y z
 
 

Oilsands

The oil sands are thick and sticky like pancake syrup! Alberta has enormous reserves of oil sands. In fact, the province has more than is currently economically possible to extract. Alberta's three major oil sands deposits are in the Fort McMurray, Cold Lake and Peace River areas. In 1999, oil sands and heavy oil accounted for near one-half of Canada's total oil production.

As Alberta's crude oil reserves disappear, research has begun to focus around finding an economical way to develop these resources. It is estimated that further into the 21st century, the oil sands may provide as much as 90 percent of Canada's oil production.