One of the types of crude oil derived from the Canadian oil sands is bitumen, a heavy, sour oil. Bitumen would not flow through a pipeline efficiently, so it is mixed with diluents to be readied for pipeline transportation as diluted bitumen, or ‘dilbit.’ Diluents are usually natural gas condensate, naphtha or a mix of [...]
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The oil sands are a strategic resource that contributes to economic opportunity and energy security for Canada, North America and the global market. The oil sands comprise more than 97 percent of Canada’s 174 billion barrels of proven oil reserves. In 2010, production from the oil sands was 1.6 million barrels per day. While seven [...]
Canada’s oil sands are important to the U.S. economy and energy security. Global demand for energy continues to rise. Canada has the third largest oil reserves in the world and 97% of these reserves are in the oil sands. Canada’s oil sands help supply America’s energy needs while also creating American jobs and strengthening our [...]
Pipeline Safety Oversight in the United States Liquid petroleum pipelines carry crude oil and refined petroleum products (gasoline, diesel, jet fuel, heating oil, etc.) across state and even country borders (interstate & international) as well as within states (intrastate). Pipelines are widely acknowledged to be the safest and most efficient way to move energy products [...]
The United States imports 8.4 million barrels of oil and petroleum products a day to help meet its energy needs. Canada is the largest supplier to the U.S., providing more than 2.4 million barrels a day – more than 1/4 – of these imports. Canada has the third largest oil reserves in the world, with [...]
Oil sands are geologic formations that contain a mixture of thick, heavy oil, water and sand. The heavy oil is called bitumen, which is defined as oil that is too heavy or thick to flow or be pumped without being diluted or heated. Read the entire report.