IPFS News Link • Environment
Deep In Canada, This Facility Is Unlocking Earth's Biggest New Oil Supply
• http://www.businessinsider.com, Robert JohnsonMost of the oil enjoyed during the 20th century was pulled up from big underground pools. Drills went down, tapped into the pool, and the oil came bubbling up. With demand on the rise and traditional deposits like this already drilled, however, oil companies are digging into "unconventional" deposits. This is the crude mixed in with shale and sand that until now has been economically and physically out of reach. That's where the Alberta oil sands come in.
There are two ways to separate the Alberta oil from the sand it's glued to. The way it's been done since the '60s is to basically strip mine huge swathes of land, separate the crude, and dump the waste off to the side. It's as ugly as it is spectacular to behold, it turns out, but that's not what's causing this new boom.
1 Comments in Response to Deep In Canada, This Facility Is Unlocking Earth's Biggest New Oil Supply
If you have been watching the news for awhile, you have seen different oil fields all over the place. Oil has been found in large quantities in places like, the different Arab countries, Siberia, China, Alaska, Canada, Utah-Colorado, the Dakotas, Gulf of Mexico, South America, and a lot more.
Since oil is so abundant, and since the technology is available to get it out relatively easily and cheaply, why is gasoline still more than a dollar per gallon at the pumps?
The desires of big business to control us all are failing. Soon we will see big business fail altogether. The people of the world are waking up, and they are fed up with big business and big banking messing in their lives all the time.