Energy facts

Return to The oil sands

• As a society, nearly everything we use is made from oil and natural gas by-products, made by machinery or in facilities powered by oil and natural gas, or transported by fuels refined from oil like gasoline or diesel.
• Global demand for energy is expected to be 47 percent higher in 2035 than it was in 2008 as economies in both developed and emerging countries continue to grow and standards of living improve.
• Oil is the single largest source of energy in the world today.
• With more than two billion people worldwide living without reliable access to energy, Canada is fortunate to have enough oil to meet the country's current energy demand for hundreds of years - there's approximately 175 billion barrels of oil that can be economically recovered with today's technology. Of that number, 170 billion barrels are located in the oil sands.

Source: CAPP Upstream Dialogue, The Facts On: Oil Sands 2011