Saturday, March 19, 2011

Oil sands in Venezuela

It seems that the worlds largest oil sands are not in Canada, after all.

Athabasca oil sands recoverable oil: 170 billion barrels (Canada 2006 est.)
Orinoco oil sands recoverable oil: 513 billion barrels (US 2009 est.)

Oil sands are a quick fix to the problem we have with consuming so much energy. They decimate the place around them, making it a toxic waste land. I do see some value in extracting oil from these sands, but we need to invest all the profits from these oil sands into renewable technologies.

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