How Is Oil Extracted From Alberta Oil Sands?

As you can see below oil sands cover an extremely large part of Alberta and that resource is going to be extracted.  The question is how? The two most common ways of separate the oil from the sand in the Alberta Oil / Tar Sands is to boil it or put it under pressure while still in the ground. Oil that is on or near the surface is scrapped up by massive loaders and transported to ‘upgrader’ facilities that separate…

Why Alberta Oil Sands Production Does Not Slow Down When The Price of Oil Drops

Take a look at the Canadian oil production forecasts below notice that the predictions from 2010 have been UNDER-estimated. As you can see even with the 2014 oil price collapse oil sands production just kept chugging along. Some have speculated that the tar/oil sands are like any other extractive industry and they will naturally produce less over time because the ‘easy’ oil is taken up first, leaving the more difficult and expensive oil to later years.  Oil Sands production has…

Is Alberta Oil Really Going To Generate More Than 100,000 Rail Cars Loads of Oil in 2019?

In a word, yes.  While conventional oil production in Alberta has been at the same level for years, Alberta’s oil sands have hit yet another production record and the oil will move one way or another. As you can see in the chart below, Canada is out of pipeline capacity so that leaves, truck and rail. On October 18, 2018 the CEO of CP Rail said he expects to “match or exceed its record 2014 pace of 110,000 crude carloads…

10 Things You Didn’t Know About The Oil & Gas Industry in 2018

The Oil & Gas industry has more than its fair share of misinformation directed at it.  This site is intended to expose and explore facts and so as part of our new series on the Oil & Gas industry we thought you would like a quick run down of some interesting facts: LNG Does Not Burn: Companies compress Natural Gas into what is known as Liquified Natural Gas (LNG) it is much easier to move and store.  However, one concern…