Page added on May 18, 2009
Technological advance in the Canadian oil sands has made Canada the world’s second largest holder of recoverable oil reserves, after Saudi Arabia, and “an increasingly important part of the fabric of hemispheric and global energy security”, according to a new major study, Growth in the Canadian Oil Sands: Finding a New Balance by IHS Cambridge Energy Research Associates (IHS CERA). “The oil sands have moved from the fringe to the center of energy supply,” the study adds.
PennEnergy
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