Oil sands in focus [infographic]

oil-sand_in hand image www.www-globalcommodities.com

Visual Capitalists have put together a new infographic detailing the enormity of Canada’s oil sands region,and the role it has to play in the global oil industry.

Oil sands, or tar sands as some call them, have only recently been considered a seriously viable source of oil and hydrocarbons as higher oil prices combined with new technology has enabled profitable extraction and processing of the oil sand reserves.

The material, more commonly known as bitumen, are found worldwide, however approximately 71% of all resources are found solely in Canada.

The infographic below explains in detail the region, its reserves, how it compares globally, and who is mining them.

oil-sands infographic image www.www-globalcommodities.com

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Henry Sapiecha

 

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