Production Of Oil From Tar Sand And Other Hydrocarbon Deposits

When it comes to future reliable oil supplies, Canada¿s oil sands will likely account for a greater share of U.S. oil imports. In 2008 oil sands accounted for 46% of Canada¿s total oil production and oil sands production is increasing as conventional oil production declines. Since 2004, when a substantial portion of Canada¿s oil sands were deemed economic, Canada has ranked second behind Saudi Arabia in oil reserves. As oil sands production in Canada is predicted to increase to 2.8 million barrels per day by 2015, environ. issues are a cause for concern. Contents of this report: (1) Intro.; (2) World Oil Sands Reserves and Resources: What Are Oil Sands?; U.S. and Canada Oil Sand Resources; (3) History of Development. Charts and tables.