Oil sands growth to push Canadian crude production to about 4.7M bpd in 2025, up 67% from 2010; in situ production takes lead in 2016
Green Car Congress
JUNE 5, 2011
Growth Case: Western Canada oil sands & conventional production. While the economic downturn in 2009 saw many oil sands projects deferred, an improved investment climate, more robust commodity prices and market demand for Canadian crude provided the stimulus for several projects to return to active development in 2010.
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