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The Forum > General Discussion > The Sad Demise of the Merrycans

The Sad Demise of the Merrycans

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Canada holds more oil than Iraq's proven reserves of 112 billion barrels.It even holds more oil than Saudi Arabia's 250 billion barrels.In fact, Alberta's oil sands deposit contains between 1.75 and 2.5 trillion barrels of oil,approximately 200 billion barrels of which are recoverable with current technology. That is enough oil to supply all of Canada's petroleum needs for the next 475 years.In fact that is enough proven reserves to supply all of North America's petroleum needs for the next forty-seven years,without using a single drop of oil from another source.The volume of recoverable oil in the sands is so large that when technological advances prompted the Alberta Energy Utilities Board to include the oil sands as part of Canada's "proven reserves" in 2002, OPEC's share of world petroleum reserves dropped dramatically from 79 to 68 per cent.
Posted by msanne, Monday, 29 September 2008 3:56:10 AM
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Msanne you are a wealth of information.It is time for ordinary Merrycans to put that beady eyed imbecile Bush and his administration to the sword.He is the most dangerous president you've ever had.The republicans will be tempted to go to war with Iran as both a distraction to home woes and to secure more oil wealth.The tiger is most dangerous when wounded.The US presently is the most dangerous country on the planet.Perhaps the rest of the free world needs to come to it's financial aid and make it secure for all our sakes.

The Hollywood Worshippers of image without substance must learn quickly and take control of their own destinies.
Posted by Arjay, Monday, 29 September 2008 7:39:30 PM
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