Alberta continues its strategic growth plan

摘要

Alberta continues to boom with resource development, and the world is watching as the oil sands industry stakes its claim as a world-class oil producer. But, it's not all fossil fuels in the province-oil and coal is joined by industrial minerals and other mineral exploration initiatives, promising continued growth and potential diversification for Canada's producing giant. Oil sands is, of course, the primary industry, with approximately 174 billion barrels of proven reserves, totalling a potential 500 years of supply at the current production rate of about 1 million bbls/day. From 1996 to 2005, 44 billion dollars was invested in oil sands development. The Alberta oil sands are centred in three locations: Peace River, Athabasca, and Cold Lake.