If we replaced all of today's global oil production with
oilsands product, it would take 80 years to produce 2.4 trillion barrels.
The Keystone XL pipeline, if approved, will transport about 700,000 barrels per day (bpd)(although some have cited figures as high as 800,00 bpd) of mostly, but not exclusively,
oilsands product to the US Gulf Coast.
He wanted the US to relax its environmental regulations which he characterized as being «designed specifically to keep out Canadian
oilsands products.»
Not exact matches
It involves taking 550,000 barrels per day of bitumen from Alberta's
oilsands via the pipeline, refining it and exporting
products such as diesel and gasoline to Asia.
De Bever says the
oilsands industry itself is not doing enough to offset future price declines or reduce the pollution that has disadvantaged its
product in key markets.
That was followed in 2012 by Victoria newspaper publisher David Black's much more ambitious but somewhat speculative Kitimat Clean project, consisting of a $ 25 - billion oil refinery in the northern town that would create jobs and taxes in B.C. while ensuring that the exports were of finished
products rather than the diluted bitumen from the
oilsands whose behavior in the case of a marine spill is virtually unknown.
Branding the
product of Canada's
oilsands as «ethical oil» — differentiating it from purportedly unethical Saudi Arabian oil — makes the same mistake.
Now, the government is making it clear that it considers developing our
oilsands and ensuring the
product can be exported to markets around the world is a vital national interest worth fighting for.
That's a terrible forecast for Alberta's
oilsands and its
product which is neither low cost to produce nor low carbon to refine.
A hard cap on
oilsands emissions was the
product of secret negotiations between four top
oilsands companies and four environmental organizations.
The oil and gas sector emits 26 percent of Canada's greenhouse gases (almost 10 percent from
oilsands)-- not including emissions from burning the
product!
It works for company names (Stikeman Elliott), industry hot topics (
oilsands), things in the news (Suncor merger), and
products (Ford Ranger).