Canada fact #23

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fatman
Posts: 4677
Joined: Thu Jul 30, 2009 4:40 am

Canada fact #23

Post by fatman »

Canada has the third largest oil reserves of any country in the world after Saudi Arabia and Venezuela.
Pudfark

Re: Canada fact #23

Post by Pudfark »

"Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to be economically viable. Similarly, Venezuela's proven reserves jumped in the late 2000s when the heavy oil of the Orinoco was judged economic."

:lol: now Canada is losing more'n $15 a barrel.......
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Reservoir_Dog
Posts: 8858
Joined: Sat Aug 01, 2009 3:46 pm
Location: Kicking and a' gouging in the mud and the blood and the beer.

Re: Canada fact #23

Post by Reservoir_Dog »

What's the price for a barrel of oil down in Tex-ass?
Anyone down there still have a job?
Pudfark

Re: Canada fact #23

Post by Pudfark »

Reservoir_Dog wrote:What's the price for a barrel of oil down in Tex-ass?
Anyone down there still have a job?
Cheaper to get ours outta the ground..... :mrgreen:
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