Although I won't deny that we need to look to the distant future, peak oil may be quite a ways off yet. Canada? More oil reserves than Russia and Iraq combined?
Quote:
After Saudi Arabia, Canada has the world's largest oil reserves but, instead of being in liquid form, these are in the form of oil sands - a mixture of quartz sand, clay, silt, water and bitumen. A ton of such oil sands yields 79.5 liters or a half barrel of clean oil, on average.
Alberta, Canada, has the world's second-largest oil reserves, extraction of which has only recently become economically viable. This means that Canada has larger oil reserves than Russia and Iraq together.
|
Source:Jerusalem Post
Quote:
|
The find means that Russia could potentially claim an area the size of Germany, France and Italy combined, which may contain up to 10 billion cubic meters of hydrocarbons, along with diamonds and metal ores.
|
Source: www.barentsobserver.com
__________________
Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
|