Oil Sands Offers “Very Secure” Energy Source for China

June 14, 2007By Andy RowellBlog Post

China could obtain a ‘very secure source’ of energy if it decides to tap oil sands in the Canadian province of Alberta, according to the leading Canadian bank, Scotiabank. Alberta is forecast to produce 1.96 mln barrels per day of crude oil by 2008 from oil sands, according to Scotiabank.

Industry Sees its Future in Harmful Heavy Oil

February 19, 2007By Andy RowellBlog Post

All the world’s extra oil supply is likely to come from expensive and environmentally damaging unconventional sources within 15 years, according to a detailed study by oil consultants, Wood Mackenzie. They have calculated that the world holds 3,600bn barrels of unconventional oil and gas reserves in Canadian oil sands and Venezuela’s Orinoco tar belt that … Read More

Invest in Alberta’s “Risk-Free” Oil Sands

November 21, 2006By Andy RowellBlog Post 1 Comment

Independent investment analysts “Investment U” are promoting Alberta’s oil sands as a “win-win” investment opportunity. They say: “the oil sands will soon be the single-largest source of foreign oil for the U.S. – even bigger than Saudi Arabia”. Oil producers can explore Alberta’s oil sands virtually “risk-free… and for a tremendous profit”.