It’s big and it’s ‘real’
Canadian study points to 5.3 million barrels per day from oil sands by 2043
For Petroleum News
The Canadian Energy Research Institute figures that a “realistic” target for oil sands production by 2043 is 5.3 million barrels per day, almost a five-fold increase over the next 34 years, hitting 1.7 million bpd in 2015 and 4.5 million bpd by 2030.
That forecast lags far behind earlier CERI target....
[additional news subjects in this story]
Environment an issue
Energy exchange possible
Spending expected to grow
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