Canada fact #23
Canada fact #23
Canada has the third largest oil reserves of any country in the world after Saudi Arabia and Venezuela.
Re: Canada fact #23
"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."
now Canada is losing more'n $15 a barrel.......

- 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
What's the price for a barrel of oil down in Tex-ass?
Anyone down there still have a job?
Anyone down there still have a job?
Re: Canada fact #23
Cheaper to get ours outta the ground.....Reservoir_Dog wrote:What's the price for a barrel of oil down in Tex-ass?
Anyone down there still have a job?
